Ukrainians explained whether it is possible to retire before reaching retirement age.

Right to early retirement

According to the State Employment Service, people who have approached retirement age and lost their jobs due to certain circumstances may be entitled to early retirement. This applies to cases where the enterprise has been liquidated, declared bankrupt, or reorganized.

The discussion concerns employees who, at the Time of dismissal, have no more than one and a half years left until they reach retirement age...

To take advantage of this benefit, it is necessary to register as unemployed within a month after dismissal and not to have a new job for a week. There is also a requirement for sufficient insurance experience to receive a minimum pension by age.

Confirmation of the existing insurance experience and age of retirement for these individuals is carried out in accordance with the exchange of information between the State Social Insurance Fund of Ukraine and the Pension Fund of Ukraine.

To apply for a pension, the unemployed must submit an application to the Pension Fund and terminate their registration at the employment center. It is important to remember that early retirement is possible only when all conditions stipulated by law are met.