The proposed pension reform in Ukraine is one of the most socially well-balanced in the region. This was stated by Martin Raiser, World Bank Director for Ukraine, Belarus and Moldova government's proposals, with which it shared its IMF include a gradual increase in retirement age for women from 55 to 60 years, 6 months each year, an increase in length required to obtain a minimum pension (10 years), and the transition to the parallel existence of the special pension schemes with the overall system. "Women, where reform has touched directly receive during the transitional period to supplement pensions, the budget sector employees receive additional compensation. In addition, the reform will be carried out very slowly: the process of raising the retirement age will end only after 10 years, and it should start now, "- says Reiser. As the press service of the government, the World Bank responded to other objections of skeptics. So he debunked the concern that raising the retirement age to 60 years will not leave people time to retirement. "It's not quite right. In fact, the life expectancy of the average woman at age 60 is 80 years, ie on average, women can live another 20 years after retirement. This level is very close to the rate in other European countries, although it should be recognized that the life expectancy at birth in Ukraine will remain much less, "- he added. Reiser said that if nothing is done, after 10 years on each worker will be one pensioner, while the proportion of working-age population will only decrease. "There are three possible solutions to this problem: either to cut pensions or increase the size of pension contributions, or encourage employees to stay longer in the labor market. Given the small size of the average pension, reduced pensions - not an option. Increasing the size of contributions is also unacceptable, because they are already quite high, and their rise will contribute to further growth of the shadow economy ", - he added.
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