Pension Fund of Ukraine

Last updated
Pension Fund of Ukraine (PFU)
Пенсійний Фонд України (ПФУ)
Emblem of the Pension Fund of Ukraine.png
Insignia of the agency
Flag of the Pension Fund of Ukraine.png
Flag of the agency
Agency overview
Formed1990 [1]
Preceding agency
Type Ministry department
JurisdictionFlag of Ukraine.svg  Ukraine
Headquarters9, Bastionna street,
Kyiv Ukraine 01601 [2] [3]
Employees7,000 (2016)
Minister responsible
Deputy Minister responsible
  • Oleksii Zarudnyi,
    Department Head
Parent department Cabinet of Ministers via
Ministry of Social Policy
Website Official website
UKR Kiev map.svg
Jurisdiction of the agency
Headquarters (Kyiv) marked with red dot

The Pension Fund of Ukraine is a central executive body that manages a solidarity system of compulsory state pension provision, collects, accumulates and records insurance premiums, allocates pensions and prepares documents for their payment, provides timely and full financing and payment pensions, burial assistance and other social benefits.


Legislative status

According to the law, all pension payments are made from the Pension Fund of Ukraine. The Pension Fund of Ukraine monitors the target use of funds that go to payouts. The Pension Fund of Ukraine shall, in accordance with the established procedure, submit proposals to the Ministry of Labor and Social Policy of Ukraine on the issues of formation of the state pension policy and control the implementation of official legislative acts.

Activities of the Pension Fund of Ukraine are subordinated and coordinated by the Cabinet of Ministers of Ukraine through the Ministry of Social Policy of Ukraine.

Pension reform

The implementation of pension reform proceeds through the gradual introduction of a three-tier pension system:

The main objectives of the pension reform are:

The three-tier pension system will allow the distribution of the three components of the risk associated with changes in the demographic situation (which is more sensitive to the solidarity system) and fluctuations in the economy and in the capital market (which is more experienced by the accumulation system). Such risk-republican sharing will make the pension system more financially balanced and sustainable, which will protect employees from lowering the total income after retirement.



Currently, the current President of the Pension Fund of Ukraine is Evgeny V. Kapinus. [7]

See also

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  1. "Official website of the agency. ABOUT PFU. Historical aspects of the pension system". March 2017.
  2. "Official website of the SIPS government agency. PFU Address (section)". March 2017.
  3. "Ministry of EDAT. PFU Address (section)". March 2017.
  4. New Cabinet formed in Ukraine, UNIAN (14 April 2016)
  5. "Рада схвалила пенсійну реформу". РБК-Украина (in Russian). Retrieved 2019-04-09.
  6. "Чи зростуть податки через підвищення пенсій силовикам". Економічна правда. Retrieved 2019-04-09.
  7. Kitsoft. "Кабінет Міністрів України - Підвищення військових пенсій - з 1 січня 2019 року, автоматичне масове підвищення пенсій громадянам – з 1 березня 2019 року, – Володимир Гройсман про завдання новому керівництву Пенсійного фонду". (in Ukrainian). Retrieved 2019-04-09.