The volume of insurance/employment experience gained in another country (with which Ukraine has concluded an agreement) is taken into account for the justification of the right to appointment and payment of quarterly pensions through financial institutions or local authorities identical to the PFU.
In a recent reminder, the PFU has urged pensioners to confirm their “living status” by December 31st. This message has been published on the National Bank News website.
The Pension Fund of Ukraine (PFU) has reminded pensioners that they need to confirm their “living status” in order to continue receiving their pensions. This confirmation is required for those who have gained insurance/employment experience in another country, with which Ukraine has a bilateral agreement.
The PFU has stated that the volume of insurance/employment experience gained in another country is taken into account when determining the right to receive pension payments. This means that pensioners who have worked in another country and have accumulated insurance/employment experience there, can still receive their pensions through financial institutions or local authorities identical to the PFU.
This reminder comes as part of the ongoing efforts of the PFU to ensure the accuracy and validity of pension payments. The PFU has been actively working to identify and eliminate any cases of pension fraud, and this reminder is just one of the many measures being taken to achieve this goal.
Pensioners who have gained insurance/employment experience in another country are required to provide proof of their “living status” by December 31st. This can be done by submitting a certificate of life from the local authorities in the country of residence, or through a financial institution that is identical to the PFU.
The PFU has also clarified that this requirement applies to all pensioners, regardless of their age or the amount of their pension. It is a necessary step to ensure that pension payments are only made to those who are still alive and entitled to receive them.
The PFU has also emphasized that this reminder is not meant to cause any inconvenience to pensioners. It is simply a necessary measure to ensure the integrity and accuracy of pension payments. The PFU has assured that all pensioners who have provided the necessary proof of their “living status” will continue to receive their pensions without any interruption.
In conclusion, the volume of insurance/employment experience gained in another country is taken into account for the justification of the right to appointment and payment of quarterly pensions through financial institutions or local authorities identical to the PFU. Pensioners who have gained such experience are required to confirm their “living status” by December 31st in order to continue receiving their pensions. This measure is necessary to ensure the accuracy and validity of pension payments and to prevent any cases of pension fraud.
