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Ukrainian Parliament passes pension reform

July 16, 2011 19:54PM

ISSUE #25
07/11/2011
On 8 July 2011, the Supreme Council of Ukraine adopted the law on pension reform, which was drawn up by the Ukrainian Cabinet of Ministers.
The law envisions that the retirement age for women will be gradually raised from 55 to 60 years, the work history requirement for a pension will be increased by 10 years for both men and women and the maximum pension will be limited to 10 minimum wages. READ MORE

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