Yanukovych is reverse Robin Hood - he steals from the poor to give to the rich

This Thursday, following orders from Yanukovych, the Verkhovna Rada passed in the first reading the draft law on cutting pensions, which, for some reason, the government is calling "pension reform." In reality, this bill has nothing in common with true reform – it is the latest haphazard set of provisions that will complicate people’s lives, reduce and delay pensions.

Just 18 months ago, in the midst of the presidential election, Yanukovych delighted voters with stories about higher pensions and high social standards. He promised that he’ll never let the retirement age be increased, said that "we do not have the moral right to do this” and “I will never agree to this."

But he agreed! And in doing so he not only broke his promise to the people, he violated the Constitution of Ukraine. Article 22 says that new laws shall not be adopted that diminish existing rights and freedoms – the right to social protection, the right to obtain all types of pensions, the right to a decent standard of living.

The following are the key changes to the pension system that Yanukovych plans to introduce with this law:

1. The retirement age for women will increase substantially – by 5 years, from 55 to 60. The early retirement age for women was always seen as an important social benefit, given that the social mission of women is not limited to their work experience.

2. The retirement age for some men will increase. This includes scientific and pedagogical workers who will get a pension only at 62, civil servants at 62, military officers at 60.

3. The formula for calculating pension based on age will change. Now the formula will take into account the average salary not for one year, but three. As a result of this, everyone’s pension will decrease by 120 hryvnias.

4. The years of experience needed for a minimum pension based on age will increase by 10 years. The years of experience for a minimum pension will increase from 20 to 30 years for women and from 25 to 35 years for men.

Because of one pathetic law, thousands of potential pensioners that have already worked enough years to get a pension based on age will now have to work another ten years. What is this? How did citizens of Ukraine get sentenced to another 10 years of labor?

5. The years of experience needed to receive a disability pension will increase by 10 years. This is blatant mockery of more than 2.5 million people whose lives are already more difficult than others. Currently, a disability pension is issued after a minimum of 2 to 5 years of work experience, and now this will increase from 5 to 15 years.

Reverse Pension Fund Fraud - News


Yanukovych is reverse Robin Hood - he steals from the poor to give to the rich

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Yanukovych is reverse Robin Hood – he steals from the poor to give to the rich,This ThursdaRobin Hoody, following orders from Yanukovych, the Verkhovna Rada passed in the first reading the draft law on cutting pensions, which, for some reason, the government is calling pension reform. In reality, this bill has nothing in common with true reform it is the latest haphazard set of provisions that will complicate peoples lives, reduce and delay pensions.

Just 18 months ago, in the midst of the presidential election, Yanukovych delighted voters with stories about higher pensions and high social standards. He promised that hell never let the retirement age be increased, said that we do not have the moral right to do this and I will never agree to this.

But he agreed! And in doing so he not only broke his promise to the people, he violated the Constitution of Ukraine. Article 22 says that new laws shall not be adopted that diminish existing rights and freedoms the right to social protection, the right to obtain all types of pensions, the right to a decent standard of living.

The following are the key changes to the pension system that Yanukovych plans to introduce with this law:

1. The retirement age for women will increase substantially by 5 years, from 55 to 60. The early retirement age for women was always seen as an important social benefit, given that the social mission of women is not limited to their work experience.

2. The retirement age for some men will increase. This includes scientific and pedagogical workers who will get a pension only at 62, civil servants at 62, military officers at 60.

3. The formula for calculating pension based on age will change. Now the formula will take into account the average salary not for one year, but three. As a result of this, everyones pension will decrease by 120 hryvnias.

4. The years of experience needed for a minimum pension based on age will increase by 10 years. The years of experience for a minimum pension will increase from 20 to 30 years for women and from 25 to 35 years for men.

Because of one pathetic law, thousands of potential pensioners that have already worked enough years to get a pension based on age will now have to work another ten years. What is this? How did citizens of Ukraine get sentenced to another 10 years of labor?


Reverse Pension Fund Fraud - Bookshelf

The 2006 pre-budget report, second report of session 2006-07, report, together with formal minutes, oral and written evidence

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