The Verkhovna Rada of Ukraine may permanently secure the position, which provides the increasing of the size of pensions to working pensioners, in case of increase the cost of living for persons who have lost ability to work.
Verkhovna Rada Committee on matters of social policy, employment and pension provision recommends to the Parliament to accept as a basis the law project of Valeriy Pysarenko №4322 "On amendments to the third part of the Article 42 of the Law of Ukraine "Compulsory State Pension Insurance " over submitting possibility for increasing pensions by increasing the size of a living wage".
According to the author of the legislative initiative, the bill will lead to the elimination of the conflict in the law and will provide an opportunity for recalculation of pensions by increasing the size of a living wage from May 1 and from December 1 current year.
Noting that according to the current legislation, this position was operated temporarily, for the period from 1 of April 2015 till 31 of December 2015. Thus, if the law project №4322 will not be accepted, working pensioners can remain without an increase of pensions as a result of increasing of the size of a living wage, which is planned by the Law of Ukraine "The State Budget for 2016" from May 1 and December 1 of the current year.