Nicholas cock-a-doodle-doo: Pension Fund will save 10 billion in retiree savings

Chairman of the Party of Pensioners of Ukraine Mykola cock-a-doodle-doo convinced Feed Pension fund fails due to changes to pension legislation, which is planned to save 10 billion USD, but the social harm of innovations will be immense. "At bestcase, for retiree will save about 10 billion USD. But this is only a drop in the ocean for a total pension fund deficit of 80 billion. Ukraine annually pays 300 billion pension. Therefore, the "saved" 10 billion can significantly influence the number of pension fund deficit. Instead, social tensions and dissatisfaction of pensioners reachcritical point after which any government action considered 'as anti-social "- summed up Mykola cock-a-doodle-doo. Recall, March 2, Verkhovna Rada of Ukraine adopted the Law "On Amendments to Certain Legislative Acts of Ukraine on pensions." Press Service of the Party of Pensioners of Ukraine

Source: http://artlife.rv.ua/