The Pension Fund explained how to retire by age if one year of insurance record is missing
The Pension Fund continues to answer citizens' questions regarding retirement.
This time, the Main Department of the Pension Fund of Ukraine in Donetsk region received a question from a person: "I am 64 years old and have 14 years of insurance record. To retire at age 65, I am missing one year of insurance record. Can I voluntarily pay pension contributions during this year and retire at 65?"
The agency responded: "Yes, you have this possibility."
They reminded that according to the Law of Ukraine dated 09.07.2003 No. 1058-IV "On Compulsory State Pension Insurance," individuals who have reached the age of 16 and are not pensioners may voluntarily pay insurance contributions to the compulsory state pension insurance. To do this, it is necessary to conclude an agreement on voluntary participation with the Pension Fund of Ukraine.
A condition for concluding such an agreement is the presence of information about the person in the Register of Insured Persons of the State Register of Compulsory State Social Insurance.
It should be noted that voluntarily paid insurance contributions are credited to the insurance record for the month in which the funds were actually received in the account of the Pension Fund of Ukraine.
You can pay voluntary insurance contributions until the moment of pension appointment, including during the year you are missing to retire at 65.
Insurance record is the period during which a person was subject to compulsory state social insurance and paid insurance contributions in an amount not less than the minimum insurance contribution — 22% of the minimum wage (in 2026 — 1902.34 UAH).
The insurance record is calculated up to the month preceding the month of the person's application for pension appointment.
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