The Pension Fund of Ukraine, which previously reported on the completion of pension payments in September, has determined the monthly average salary in the country, which is used to calculate pensions.
VIDEO OF THE DAY
Thus, according to the PFU, this is the second time the indicator has decreased compared to the data for the previous month.
If from March to July the average salary increased from UAH 18,660.32 to UAH 22,336.81, then in August the figure was UAH 20,455.65, and in September it was already UAH 19,813.71.
Photo PFU ADVERTISING
The average salary indicator is one of the elements of the formula by which the size of pension payments is calculated – for each pensioner individually: P = SZP x KZP x KSP.
- P is the amount of the pension;
- Average salary in Ukraine for the last three years before applying for a pension;
- Wage coefficient — an individual wage coefficient that determines the ratio of your salary to the national average;
- KSP is the coefficient of insurance experience, which depends on the number of your years of work and the value of the assessment of one year of experience (1%).
Read on our website how to independently check the correctness of the calculation of payments by the Pension Fund.
Photo by Pixabay
ADVERTISING
