In 2023, the cost of living will be "frozen". What will happen to the indexation of pensions?

10:43 17 September Kyiv, Ukraine

Despite the fact that next year the cost of living will not be increased, the indexation of pensions will proceed according to the schedule. This was stated by the Minister of Social Policy of Ukraine Oksana Zholnovich.

She noted that the living wage will be raised in December 2022 and will become the basis for calculating social indicators for the entire 2023.

"Next year, it (the cost of living - ed.) will not increase. This is our cost savings," Zholnovich said.

At the same time, the indexation of pensions in 2023 will be carried out according to the schedule.

"We don't have big pensions.. And not indexing pensions means significantly worsening the position of pensioners. Therefore, we plan to index. It is scheduled for March," the head of the Ministry of Social Policy stressed.