The Ukrainian government may cancel the indexation of pensions scheduled for March 1 if Western financial assistance is delayed. But there will be enough money for the basic pension. This was stated by Minister of Social Policy Oksana Zholnovych during a telethon.
The minister reassured all pensioners who receive an old-age pension. According to her, the lion's share of the Pension Fund's budget is formed by internal pension revenues provided by Ukrainian taxpayers.
"It may not be possible to talk about indexation if there are such risks. But the basic pension will be paid, and we will find the funds for this," she said.
Earlier, First Deputy Prime Minister and Minister of Economy Yulia Svyridenko told the Financial Times that Ukraine may have to postpone the payment of pensions and salaries to civil servants if the EU and the US do not provide the promised financial assistance early next year.
