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Ukraine's pension system is set for reform: key details.

Реформа пенсионной системы Украины: ключевые моменты и детали изменений.

This was reported by the press service of the National Securities and Stock Market Commission.

It is noted that this document outlines the key directions for transforming the pension system aimed at ensuring the financial stability of citizens and integrating the Ukrainian model into the European system.

The Commission aims to establish a stable and effective voluntary accumulation pension system based on the following principles:

  • transparency and accountability: system participants must operate in accordance with the best international standards, providing clear and open information to participants;
  • investment diversification: implementation of a long-term investment policy and protection of assets from risks;
  • protection of participants' interests: compliance with EU standards, particularly Directive (EU) 2016/2341.

“The white paper is a roadmap that will facilitate a new phase of pension provision development in Ukraine. We are adapting European approaches to ensure stability and trust in the new system for citizens,” noted Maksym Libanov, Member of the National Securities and Stock Market Commission.