What time do people retire in Ukraine and how much do they pay “newcomers”

The amount of a pension in Ukraine depends on individual circumstances, in particular on the length of the insurance period and the amount of salary on which contributions were paid. On average, Ukrainians can count on just over a quarter of their salary. This was reported by RBC-Ukraine with reference to the PFU press service. The amount of pension in Ukraine EU regulations stipulate that the pension should be 40% of the average salary. Accord…