The FINANCIAL — Pension Fund Chairman Oleksii Zarudnyi declares that pension contributions to the Pension Fund in April were up 4.7% against the plan, the Cabinet of Ministers' Public Relations Department said.
They amounted to 109.2% over the plan in January – April, while the Pension Fund's revenue grew almost by 2% compared with the same period last year, Zarudnyi said.
He assured that the Pension Fund's budget was balanced and pensions would be timely paid.
The next-month pensions are due to be paid as of May 4.
As Ukrainian News reported, President Viktor Yuschenko said that the Pension Fund deficit grew by UAH 2.9 billion in April to UAH 13.7 billion.
By April 24 the Pension Fund had owed UAH 7.9 billion to the state budget, according to Yuschenko.
The Pension Fund announced about UAH 33.4 billion revenue earned and UAH 40 billion expenditures incurred in the first quarter this year.
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