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LAW OF UKRAINE

of July 15, 1999 No. 979-XIV

About increase in the minimum size of pension

This Law is directed to improvement of financial position of pensioners.

Article 1. Since September 1, 1999 the minimum size of old-age pension 24, of the 9th hryvnia is established.

The minimum size of old-age pension extends only to work pensions which are granted according to the Law of Ukraine "About provision of pensions".

Article 2. Since September 1, 1999 to provide to the Cabinet of Ministers of Ukraine carrying out recalculation of the size of the pensions granted according to the Law of Ukraine "About provision of pensions" proceeding from the minimum size of old-age pension established by part one of article 1 of this Law, having provided payment of target money allowance for accommodation in the amount up to 21, of 1 hryvnia to disabled citizens, except receivers of social pensions (on age) which monthly size of pensions (taking into account allowances, increases, monthly compensation payments and additional pension) does not reach 46 hryvnias.

Article 3. The minimum size of old-age pension established by part one of article 1 of this Law is not applied to determination of the sizes of social pensions (on age), allowances and other surcharges to pensions.

 

President of Ukraine L. Kuchma

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