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 Pension Fund of Ukraine will go broke without reform, - PM Hroisman

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The Fund might go bankrupt in three to five years.

Prime Minister of Ukraine Volodymyr Hroisman said that without the reform, the Pension Fund of Ukraine might go bankrupt in three to five years from now, Censor.NET reports. He announced this to regional media on air of 112 Ukraine TV channel.

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"If we do nothing with the pension system, in three to five years from now the Pension Fund will go broke; I cannot let it happen, I think this is totally wrong," Hroisman said.

On May 17, the Cabinet of Ministers approved the pension reform bill in Ukraine.
 
 
 
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