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Improvement of pension system will facilitate significant growth of pensions, Ukrainian President Viktor Yanukovych said during a meeting with women Heroes of Ukraine, ForUm learned from the press service of the President.
"When we enter the three levels of pension funding, when there is not just a PAYG pension system, then there will be an opportunity to raise pensions more rapidly," the Head of State noted.
At the same time, according to the President, the given process requires certain preparations.
Speaking of the payment of pensions, Viktor Yanukovych noted that the budget of the Pension Fund was gradually increasing.