OREANDA-NEWS. On November 14, 2008 The Cabinet of Ministers of Ukraine has considered measures of preserving of profitable part of the state budget and not affording arrears of pension payments.

During the meeting Minister of Labour and Social Policy of Ukraine Liudmyla Denysova informed about the situation with financing of pension payments by the end of the year. She, notably, stressed that remuneration of pensions is carries out and will be paid in amounts envisaged by the legislation.

With an aim to prevent arrears of financing of pension payment in 2009 measures to fill profitable share of the budget of the Pension Fund and optimization of its expenses have been defined.

At the same time it is planned to consider first turn, during nearest sittings of the Verkhovna Rada of Ukraine as top-priority the following draft laws: “On making amendments to the Law of Ukraine “On compulsory state pension insurance” in terms of paying off a debt to the Pension Fund of Ukraine” and “On amending of article 20 of the Law of Ukraine “On compulsory state pension insurance”.

These documents envisage to improve a mechanism of control on the part of bank departments over payment by a beneficiary in full of respective sums of actuarial fee in the process of transferring resources for paying salary (profit) via bank departments and decrease the rate of financial sanctions applied at breaking terms of payment of actuarial fees as well as mechanisms of stimulation of paying off the debts to the Pension Fund.

Moreover, Liudmyla Denysova informed about the results of work led by the concerned executive authorities jointly with social partners within the year concerning defining of further steps in provision of pensions. In particular, according to her, a draft Conception of further carrying out the pension reform in Ukraine has been coordinated for now and after precising of financial-economic calculations with macroeconomic indices is planned to forward to the Cabinet of Ministers consideration to form 2009 State Budget.