43% of Ukrainians receive pensions of less than $100

Quarter of pensioners receive just $66

16 October 2024

As of October 1, 2024, Ukraine has 10.34 million pensioners, according to the Pension Fund of Ukraine (PFU). A quarter of these pensioners receive about 2,760 UAH (around $66 at the exchange rate at the time of writing). Pensioners in Kyiv receive the highest payments, while those in the western regions receive the lowest.

10.34 million pensioners receive payments from the state. Right now, almost every fourth pensioner continues to work — that’s 2.8 million Ukrainians. The average payment for working pensioners is around 6,257 UAH. In comparison, the average pension in the country is 5,851 UAH, or about $141.

43% of pensioners in Ukraine receive less than $100. More than half of them get only $66, or 2,760 UAH per month.

25.6%, or 2.64 million pensioners, receive between 5,000 and 10,000 UAH. The average pension in this group is 6,860 UAH, or $165.

18.6%, or 1.92 million pensioners, receive between 4,000 and 5,000 UAH. The average pension in this group is 4,414 UAH, or $100.

Only 12.7%, or 1.31 million Ukrainians, have pensions higher than 10,000 UAH. On average, pensioners in this group receive 15,354 UAH, or $370.

Pension sizes in Ukraine
More than 10,000 UAH1,313,27412.7%
5,001-10,000 UAH2,644,64925.6%
4,001-5,000 UAH1,922,33918.6%
3,001-4,000 UAH1,795,23517.4%
2,001-3,000 UAH2,667,09625.8%

The highest pensions are in Kyiv — 7,971 UAH, which is 36% more than the national average. Other leading regions include Rivne (7,276 UAH) and Donetsk (7,158 UAH) regions.

At the same time, the lowest payments are in Ternopil (4,460 UAH), Chernivtsi (4,664 UAH), and Zakarpattia (4,697 UAH) regions.

80% of Ukrainians receive their pensions through banks. The largest share of these payments is made through PrivatBank (57.8%) and Oschadbank (31.8%).

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