Can Ukrainian Retirees Who Continue Working Lose Their Benefits?
Ukrainian legislation allows retirees to combine their pension benefits with ongoing employment, provided they notify the Pension Fund of Ukraine (PFU) about any changes in their employment status.
This legal framework enables pensioners to work after retirement while still receiving their pension and salary simultaneously, which is fully lawful.
The Law on Compulsory State Pension Insurance does not restrict pensioners from being employed.
It is important to note that pension payments are automatically recalculated every two years, taking into account additional insurance periods and earnings, potentially increasing payouts significantly.
However, retirees are obliged to inform the PFU promptly about any employment changes, either in person or via electronic services.
Failing to do so may result in a reassessment of benefits, reduction, or even recovery of overpaid amounts if the employment activity is discovered later.
The procedure for pensioner identification, especially on temporarily occupied territories, remains a relevant issue that requires active engagement from government agencies to ensure timely and accurate pension payments.