Pension Fund allocates ₴40.7 billion for social payments in June

Pension Fund allocates ₴40.7 billion for social payments in June

Ukrinform
In June, the Pension Fund of Ukraine allocated UAH 40.7 billion for social payments, of which 37.4 billion was spent on pensions.

The press service of the Pension Fund of Ukraine reported this on Facebook, Ukrinform reports.

Thus, as of June 16, UAH 37.4 billion has been financed for pension payments, including UAH 7.5 billion through Ukrposhta JSC and UAH 29.9 billion through authorized banks.

In addition, UAH 1.4 billion was allocated to pay housing subsidies and benefits, and UAH 1.9 billion was allocated to insurance payments, including UAH 760.9 million for sick leave.

Read also: Small-scale privatization via Prozorro.Sale already raised UAH 17.2B

As reported, the Pension Fund of Ukraine will automatically recalculate the amount of subsidies for citizens after the electricity tariff increase. Recipients will receive increased payments in July.

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