Pension by age or disability: what is more beneficial after 60 years.


The Pension Fund of Ukraine provided explanations regarding the possibility of switching to an old-age pension for pensioners with a Group II disability who have reached 60 years of age. According to Ukrainian legislation, such pensioners can choose the most advantageous type of pension. A Group II disability pension amounts to 90% of the old-age pension, with additional consideration of the service period granted to them before reaching 60 years. This can be beneficial for those who acquired a disability at a young age.
"Wave"
However, there is an important argument in favor of transitioning. If a pensioner continued to work after being granted a disability pension and accumulated at least 24 months of insurance service, new rules for pension assignment apply when switching to an old-age pension. In such a case, the average salary is considered for the last three years, which can significantly increase the pension amount.
To change the type of pension, it is necessary to submit an application and the required documentation. Therefore, it is important to carefully consider all factors and contact the pension authorities for detailed consultations and calculations.
Read also
- Drivers are being fined for wheels on cars: who may lose their license
- Ashan, Metro and Varus have published new prices for lard and chicken: how the cost has changed
- Rain with thunderstorms and +35 on the thermometer: forecaster Didenko warned about weather anomalies
- Ukrainian cheeses may disappear from shelves: what is this related to
- Almost 50 billion hryvnias: The Pension Fund of Ukraine made an important statement regarding payments to Ukrainians
- Almost 104 hryvnias per kilo: how much do potatoes, cabbage, onions, and carrots cost at the end of April