The Verkhovna Rada has adopted in first reading the government's draft law on measures to ensure the legislative support for reform of the pension system. This bill was supported by 245 people's deputies, who ignored the opinion of the parliamentary committee on pensioners, veterans and disabled, which proposed sending the bill for revision.

The bill introduces a funded system of compulsory pensionable service, and the maximum pension is set at 10 living wages, UKRINFORM reported.

It also provides for a gradual increase in retirement age for women from 55 to 60 years starting February 1, 2011, and for male civil servants to 62 years from 2013.

Deputy Prime Minister, Minister of Social Policy Serhiy Tihipko, who presented the pension bill predicts adoption of the government's bill in parliament during the next plenary week, July 5-8. He stated this at a press briefing after the adoption of the bill on first reading.

"At the last plenary week of this session, that is from 4 to 8 July, I think we should pass the law as a whole," the vice-prime minister predicted.

Tihipko promised that next week the government with the parliamentary committee on pensioners, veterans and disabled will consider the proposals and amendments to be made by people's deputies for second reading of the bill on pension reform.

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