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Ukrainian govt approves Pension Fund development strategy until 2020

Ukrainian govt approves Pension Fund development strategy until 2020The Cabinet of Ministers has approved the strategy of modernization and development of the Pension Fund of Ukraine until 2020, which provides for the introduction by the end of 2016 of the possibility of servicing citizens in any office of the fund regardless of the place of residence.

"This strategic document foresees strategic directions in the development and modernization of the Pension Fund until 2020," First Deputy Minister of Social Policy Olha Krentovska said.

Pension Fund Head Oleksiy Zarudny noted the strategy foresees the introduction in 2016 of the possibility of servicing citizens in any office of the fund regardless of the place of residence while providing services to citizens will be provided at the community level.

It is planned to introduce electronic pension service and create a unified electronic database of pension cases.
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