Pension Fund deficit in Jan-March stands at US$ 270 mln.

Photo from UNIAN

Photo from UNIAN

The deficit of the Pension Fund of Ukraine (PFU) in January-March 2021 amounted to UAH 7.5 billion, orUS$270 million its press service reports.

According to data released on the PFU website, revenues for the reporting period amounted to UAH 116.6 billion ($4.19 billion) and expenses – at UAH 124.1 billion ($4.46 billion).

PFU receipts in February amounted to UAH 40.1 billion ($1.44 billion), of which UAH 26.2 billion ($942 million) were own revenues, while UAH 13.9 billion ($500 million) came from the state budget.

Read also Pension Fund raises retirement age for women in Ukraine from April 1 At the same time, the report says, receipts from the unified social contribution tax in March amounted to UAH 23.3 billion ($837 million) against the target UAH 24 billion ($863 million), while in the first quarter the figure amounted to UAH 66.2 billion ($2.38 billion), which is UAH 3.3 billion below the target.

Background

Pension Fund deficit in 2020 amounted to UAH 13.2 billion ($474 million).

Translation: Yevgeny Matyushenko

Unian

Read the top-news of politics in Ukraine and the world, the latest political news from the UNIAN news agency.

https://www.unian.info/

Related news
'I should've been more clear': Buttigieg responds to infrastructure opposition.

'I should've been more clear': Buttigieg responds to infrastructure opposition.

Transportation Secretary Pete Buttigieg maintains President Biden's $2.25 trillion infrastructure spending proposal is necessary for job creation. #FoxNews #FoxNewsSunday Subscribe to Fox News! Watch more Fox News Video: ​​ Watch Fox News Channel ...

Caribbean volcano erupts for the first time in decades.

Caribbean volcano erupts for the first time in decades.

Residents of the eastern Caribbean island of St. Vincent on Saturday (April 10) woke to rumbling noises emanating from the La Soufriere volcano that spectacularly erupted a day earlier, while a thin layer of ash coated rooftops, cars and roads. Af...

Press Preview: A first look at Monday's newspaper headlines.

Press Preview: A first look at Monday's newspaper headlines.

Sky's Jonathan Samuels looks at the headlines making the nation's newspapers with the New Statesman's political editor Stephen Bush - and the Spectator's economics correspondent Kate Andrews. SUBSCRIBE to our YouTube channel for more videos: Follo...

Ancient Sea Turtles Suffer Staggering Population Loss.

Ancient Sea Turtles Suffer Staggering Population Loss.

Humans to blame for dwindling populations of sea turtle species tens of millions of years old, scientists say

ISIS seeks new foothold with militant Islamists in Africa, report says.

ISIS seeks new foothold with militant Islamists in Africa, report says.

After suffering defeats in Syria and Iraq, the Islamic State is attempting to resurrect itself in Africa. New York Times reporter Christina Goldbaum joins CBSN's Lana Zak with more on how the terrorist group is forging ties with homegrown militant...

'Michigan needs to be shut down': Doctor on Covid-19 surge.

'Michigan needs to be shut down': Doctor on Covid-19 surge.

CNN's Jim Acosta talks with Dr. Jonathan Reiner of George Washington University about the coronavirus surge Michigan is experiencing, and Texas governor Greg Abbott's claim that, despite admittedly not knowing what herd immunity is, Texas is close...