Pension cuts have begun: The Pension Fund of Ukraine has raised concerns among retirees.

This amount is lower than in previous months, reports the organization's press service.

Details of the payments:

In December, pension payments amounted to 63.3 billion UAH,

In November — 63.6 billion UAH,

In October — 64 billion UAH.

In total, since the beginning of 2024, the fund has allocated 741.2 billion UAH for pension payments, exceeding the 672 billion UAH allocated in 2023.

However, pension payments are expected to increase in 2025. Indexation will begin on March 1 to counteract inflation. It is anticipated that the maximum increase will be 1500 UAH, although most pensioners will experience more modest adjustments based on individual circumstances.