Indexation of military pensions in 2024

When it comes to the issue of indexation of military servicemen's pensions, it is worth paying attention to such a normative legal act as Resolution of the CMU № 185 of February 23, 2024 "On the indexation of pension and insurance payments and additional measures to increase the level of social protection of the most vulnerable segments of the population in 2024." . Although the key legislation governing this issue is publicly available, it is quite complex both in its content and in the context of application practice. Therefore, pensioners often have an objective need for legal support. The team of the "Prikhodko & Partners" law office regularly deals with client requests that are at the intersection of military and pension law. So when you apply, you get qualified support.

What theses are key in CMU Resolution № 185?

So, you should know that:

• According to the decision of the Government, starting from March 1, 2024, the amounts of pensions assigned in accordance with Articles 13, 21 and 36 of the Law of Ukraine "On pension provision of persons released from military service and certain other persons" will be increased by applying an increase factor of 1 ,0796. At the same time, it is worth remembering that the maximum payout is 1,500 hryvnias.
• Pensions assigned in accordance with Articles 13, 21, and 36 of the Law of Ukraine "On pension provision for persons released from military service and certain other persons" that were assigned until December 31, 2023, are subject to indexation.

If you have any questions about this, our specialists will provide competent answers during the consultation. So you will not have to deal with the norms of the current legislation and the corresponding coefficients on your own.

What you should know about taking into account previous indexation and surcharges when indexing in 2024?

The already mentioned Decree establishes that from March 1, 2024, the following factors will be taken into account when indexing the amount of the pension:

• the size of the increase in pensions in accordance with Clause 2 of Government Resolution № 118 of February 16, 2022 "On indexation of pensions and measures to increase the level of social protection of the most vulnerable population groups in 2022";
• the size of the increase in pensions in accordance with Clause 2 of Government Resolution № 168 of February 24, 2023 "On indexation of pension and insurance payments and additional measures to increase the level of social protection of the most vulnerable population groups in 2023";
• an increase in the pension due to its indexation, which is established in addition to the monthly supplement to the pension provided for by Cabinet of Ministers Resolution № 713 of July 14, 2021 "On additional social protection of certain categories of persons" (the amount of the monthly supplement is 2,000 hryvnias);
• an increase in the pension due to its indexation, which is taken into account during further pension calculations in accordance with part 4 of Article 63 of the Law "On pension provision of persons discharged from military service and certain other persons".

As you can see, the legal framework governing this issue is quite broad and complex. In order to navigate it well, you need to regularly work in this topic and not only know the key laws and regulations, but also follow the updates of the legislation.

Lawyers of the "Prikhodko & Partners" law firm will help you figure things out, and in case of problems, they will provide support in interaction with authorized state bodies and representation of interests in court.