Cheaper "Corvalol" and higher pensions.

With the arrival of March, many Ukrainian pensioners will see their pensions indexed – on average, payments will increase by 550 UAH. The prices of the most popular medications in pharmacies will decrease, and some patients will lose their family doctors. What other changes to expect in March – read in our article.

Pension Indexation

In Ukraine, pension indexation occurs annually on March 1. This year, more than 10 million pensioners will receive a payment increase of 11.5%. The amount of the increase will be calculated individually.

The minimum pension increase will be 100 UAH, while the maximum will reach 1,500 UAH. The average projected increase is 556 UAH.

After indexation, the average pension in Ukraine will amount to 6,345 UAH.

Pension Supplements

Starting March 1, certain categories of pensioners may be eligible for additional supplements:

• Pensioners over 65 years old who are not working and have an insurance record of 35 years for men or 30 years for women, and receive a pension less than 3,758 UAH;
• Individuals aged 80 and older with a minimum insurance record of 25 years for men or 20 years for women, with a pension less than 3,758 UAH;
• Pensioners aged 70 to 80 years, with an insurance record of 35 years for men or 30 years for women, receiving a pension less than 3,613 UAH.

If a person's pension does not reach the specified amounts, they will receive a supplement to reach the stated level.

Insurance Payments

From March 1, monthly insurance payments for 158,000 individuals who suffered from workplace accidents and occupational diseases leading to loss of capacity, as well as those entitled to insurance payments in case of the victim's death, will be indexed.

The increase for recipients of insurance payments will not exceed 1,500 UAH, regardless of the category.

Fines for Entrepreneurs

Starting March 1, all entrepreneurs must transition to a new format of fiscal receipts. Businesses will be fined for not having POS terminals, failing to submit data to the tax authorities, ignoring tax inspections, and not formalizing employees.

What should the new fiscal receipt for goods and services look like? Read about it in our article.

Medication Prices Will Decrease

In March, the prices of several medications will change. Ukrainian pharmaceutical manufacturers are obliged to reduce prices by 30% on 100 of the most popular medicines.

Medications will decrease in price by 10-40%, including hydrogen peroxide, pain relievers like "Analgin," "Citramon," "Diclofenac," "Ibuprofen," heart medications "Validol" and "Corvalol," children's vitamin C in various flavors, vasoconstrictor drops "Naphthyzin," and others.

Changes in Mobilization Exemption Rules

The exemption from mobilization for employees of critically important enterprises has been automatically extended until March 31. Previously, the deferral was granted only until the end of February. However, the Cabinet made the decision to extend the term.

Managers have the entire month of March to re-register their subordinates. To do this, they must prove that their enterprise meets the criteria for being critically important to the economy.

Men Traveling Abroad

In March, men transporting humanitarian and medical cargo will travel abroad under general conditions. From now on, such drivers will be permitted to leave Ukraine provided they have other grounds for departure, such as being over 60 years old, having multiple children, or being disabled.

The Cabinet previously revoked the right of the Ministry of Development and military administrations to allow drivers to exit the country for the needs of the Armed Forces and humanitarian assistance transportation.

Additionally, starting March 3, the exit of artists abroad will be suspended due to numerous cases of abuse. The Ministry of Culture will develop a new algorithm for issuing permits.

Financial Support for Refugees

In March, there will be an automatic reassignment of living allowances for all IDPs already receiving funds from the state. Payments will continue for another six months, provided they meet the criteria. The amount is 2,000 UAH for adults and 3,000 UAH for children and individuals with disabilities.

Moreover, for those IDPs who do not receive living allowances, a new type of compensation will be available in March – a housing rental subsidy. This will be allocated similarly to housing subsidies for those forcibly displaced persons who are in the greatest need of financial assistance.

Learn how to apply for such a subsidy in our material.