Ukraine Pays Pensions & Cash Benefits on Time and in Full
OREANDA-NEWS. July 05, 2011. During January-June 2011, the payment of pensions and financial assistance was provided in full in terms defined by law. This was declared by Deputy Head of the Pension Fund of Ukraine Valentyna Nikitenko during direct telephone "hot line" in the Cabinet of Ministers of Ukraine.
According to her, own revenues are nearly 66.0 billion UAH, or 101.5% targets.
During the reporting period, their revenues had tendency to increase and compared with the corresponding period of the last year increased by 11.4 billion UAH, or 20.9%.
Over 31.4 billion UAH during January-June 2011 were received from the state budget to fund pension programs.
The total amount of the expenditure is 104.5 billion UAH and compared with the corresponding period of the last year this is to 11.1 billion UAH more.
The number of pensioners who receive payments through banks, as of 1 June reached 6474.0 thousand people (47% of total pensioners).
The presence of debts on wages is hardly probable one of the most important reason for untimely calculations of payers with the Pension fund. So, the debts on uniform payment for June 1, 2011 makes 378.1 million UAH, from which 57.4 % - for payers of Autonomous republic Crimea, Donetsk, Lugansk, Kharkov regionss and of Kyiv.
The state revenues to social insurance funds also influence minimizing wages. Thus, 2.3 million or 19% of insured persons receive wages at or less than the minimum.
Debts on payments to the mandatory state pension insurance, arisen till 01.01.2011 slowly reduce. In comparison with the beginning of year it has decreased for 119.2 million UAH, or 94.3%. The largest sums of debts on insurance payments are in Lugansk (257.6 million UAH), Kharkov (229.6 million UAH), Donetsk (209.3 million UAH) regions, Kyiv (157.7 million UAH) and Autonomous republic Crimea (134.9 million UAH).
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