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When to expect pension indexing in Ukraine?

Когда ждать индексацию пенсий в Украине?

In February 2025, there will be no pension recalculation. The official indexing of payments, which occurs annually, will take place in March. The amount of the increase has not yet been determined, as it depends on several key economic indicators, the final values of which will be revealed later. In particular:

  • the inflation rate for the year 2024;
  • the average growth of wages on which social security contributions are paid.

The amount of indexing is calculated using the formula: 50% of the annual inflation rate + 50% of the average salary growth over the last three years compared to the previous three-year period.