In 2025, Ukrainians with 43 years of insurance experience can expect a pension of approximately 4,900 hryvnias. This amount is determined using the electronic calculator on the website of the Pension Fund of Ukraine, which takes into account the current formula for calculating pensions.
This is reported by Finway
In the example analyzed by experts, a person started working at the age of 20, has 43 years of official experience, and an average salary of 10,000 hryvnias. The pension calculation formula is as follows: the pension equals the average salary in the country over the last three years, multiplied by the individual earnings coefficient (the ratio of personal salary to the average) and by the insurance experience coefficient (1% for each year). As a result, the pension amounts to about 4,900 hryvnias.
How the Pension for Ukrainians with Extensive Experience is Calculated
The size of the pension is determined not only by the total insurance experience but also by the ratio of personal salary to the national average. The calculation formula considers the average salary over the last three years, the individual earnings coefficient, and the insurance experience coefficient, which is 1% for each year of work. Even with a long work history, a low level of official salary leads to a minimal pension amount.
What Periods Are Counted Towards Insurance Experience
In addition to official employment, insurance experience may include maternity leave, military service, and education at a higher educational institution—if it occurred before 2004 and is documented. However, experts say that to receive higher pension payments, one should not only accumulate experience but also pay attention to the level of official salary, as this directly affects the future pension.