Ukrainians can retire early: who will start receiving benefits at 50 years old.
Who can retire at 50 years old
The press service of the Pension Fund of Ukraine reported that in Ukraine, mothers of many children are granted special pension privileges. Women who have given birth to three or more children can retire at 50 years old with a minimum insurance record of 15 years. This is significantly earlier than usual.
Most women spend Time taking care of children at home, and these periods can be counted towards the insurance record. Also important is the childcare allowance for children up to three years old, which is accounted for working women after January 1, 2004. Additionally, mothers who raised five or more children up to the age of six are entitled to an additional pension supplement for special merits to the country.
'The Pension Fund named 3 reasons why Ukrainians might be left without pension payments.'
Thus, Ukrainian women have the opportunity to retire at 50 years old under certain conditions, which encourages mothers of many children and acknowledges their important role in society.
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