Challenges of the Ukrainian pension system under martial law
Challenges of the Ukrainian pension system under martial law
Author(s): Daniel ButyterSubject(s): National Economy, Social development, Public Finances
Published by: Wydawnictwo Uniwersytetu Wrocławskiego
Keywords: pension provision; social protection; martial law; models of pension systems; pension system reform; the Pension Fund of Ukraine;
Summary/Abstract: The relevance of the research is due to the challenges faced by the Ukrainian pension system under martial law. The economic consequences of the war, a decrease in the number of contributors, mass migration and increased defence spending have complicated the functioning of the system. The purpose of the article is to define the main problems of the pension system under martial law and to find ways to solve them, taking into account the prospects for Ukraine's recovery after the war. The article uses a comprehensive approach to analysis: regulatory and legal analysis, comparative method, analysis of statistical data. The sources of the research are the legislative acts of Ukraine, data of the Pension Fund of Ukraine and scientific publications. The main results of the research include the identification of problems of financial sustainability of the Pension Fund of Ukraine, provision of payments in the temporarily occupied territories, indexation of pensions and implementation of the funded system. The issues of social protection of the military and guarantees for pensioners abroad are highlighted. The author proposes measures to attract international financial assistance, expand digitalisation, support employers in implementing pension programmes and stimulate voluntary contributions from citizens. The article is aimed at further development of the pension system of Ukraine in the context of growing demographic and financial challenges.
Journal: Ekonomia – Wroclaw Economic Review
- Issue Year: 31/2025
- Issue No: 1
- Page Range: 51-61
- Page Count: 11
- Language: English
