Ukraine‘s Pension Reform: New Conditions for Retirement at 60 and 63 from January 1, 2025
The Pension Fund of Ukraine has clarified the upcoming changes in pension conditions, set to kick in from January 1, 2025. These updates are part of the next stage in Ukraine’s pension reform.
To retire at 60, men and women alike will require a minimum of 32 years of insurance (contribution) history. Those wishing to retire at 63 will need between 22 and 31 years of such history, while those with 15 to 21 years will be eligible at 65.
Individuals with less than 15 years of insurance history will receive state social assistance instead of pension payments upon reaching 65. However, by 2028, the minimum years of insurance history required to retire at 60 will steadily increase, ultimately reaching 40 years. From 2028, pension payments will be automatically granted at age 60 or over, given 40 or more years of insurance history, regardless of age.
