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RESOLUTION OF THE CABINET OF MINISTERS OF UKRAINE

of February 24, 2023 No. 168

About indexation of retirement and insurance benefits and additional measures for increase in level of social protection of the most vulnerable segments of the population in 2023

According to Item 8 of the Section "Final provisions" of the Law of Ukraine "About the Government budget of Ukraine for 2023" the Cabinet of Ministers of Ukraine decides:

1. Determine that since March 1, 2023 recalculation of pensions according to the Procedure for carrying out recalculation of pensions according to part two of article 42 of the Law of Ukraine "About obligatory national pension insurance", the approved resolution of the Cabinet of Ministers of Ukraine of February 20, 2019 No. 124 "Question of carrying out indexation of pensions in 2019" (the Official Bulletin of Ukraine, 2019, No. 19, the Art. 663), is carried out using coefficient of increase in indicator of the average salary (income) in Ukraine with which insurance premiums and which is considered for calculation of pension (further - increase coefficient), in the amount of 1,197 are paid.

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