Ukrainian Govt, PF, NBU Regulate Issues of Untimely Pension Payments
OREANDA-NEWS On 03 March was announced, that Ukrainian Government, in synergy with the Pension Fund and the National Bank, takes measures to solve the problem of untimely payment of pensions through banks. The Head of Board of the Pension Fund of Ukraine Olexii Zarudnyi announced on Monday during a briefing at the Cabinet of Ministers.
“The Pension Fund, the National Bank and Labour Ministry have approved measures in prevention of failures in pension payments through the bank braches,” Olexii Zarudnyi announced.
According to him, in particular beneficiaries are being informed about problem or unreliable banks: “In every city or region we inform the pensioners that we will not deal with such problem banks. We are informing people and advice to use post services or the other bank, which is reliable and performs timely payments”.
The Head of Board assured the Pension Fund fulfills its liabilities in full to the pensioners who receive their pensions through the bank branches. “The funds are transferred to the bank accounts timely and in full. But, unfortunately, those banks having some financial problems fail in pension payments,” Olexii Zarudnyi informed.
The Head of Pension Fund’s Board imparted over 30% of beneficiaries receive the pensions through 94 bank branches.
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