In 2026, a large-scale pension recalculation is planned in Ukraine, which will traditionally take place on March 1. However, as lawyer Mykhailo Vulakh explains, the increase will not affect all pensioners, writes Na pensiyi.
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The state plans to increase the pension fund by approximately 10% (by UAH 123 billion). According to forecasts, the average increase will be about UAH 100 for every thousand pensions.
The indexation mechanism is based on the formula: 50% inflation + 50% increase in the average salary. However, in wartime, the government may reduce this coefficient.
From January 1, 2026, the minimum pension will increase to UAH 2,595, which is only UAH 234 more than the current one (UAH 2,361). At the same time, prices for basic goods and services are growing much faster.
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Mykhailo Vulakh notes that such an increase is insufficient: “When the pension increases by 234 UAH, and expenses by 1,000−1,500 UAH, this is not support, but bullying.” Including utilities and medicines, about 1,895 UAH remains per month — only 61 UAH per day.
This is only enough for a “survival diet” (eggs, bread, potatoes), without meat, fruit, or tea.
Everyone, including working pensioners, is entitled to indexation. However, the increase will not affect two categories:
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1. Pensioners with special pensions (judges, prosecutors, deputies) – an increase is possible only if budget funds are available.
2. Those who have recently retired — their benefits are considered “modernized.”
It should be noted that despite the complexity of the situation, increasing pensions is beneficial for the state, since this money is immediately returned to the economy through domestic consumption, creating taxes and jobs.
As “FACTS” wrote, the Pension Fund recently named two indicators that affect pension increases.
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