The Rada voted for the liquidation of the Social Insurance Fund: who was given the functions

The Rada voted for the liquidation of the Social Insurance Fund: who was given the functions
The Verkhovna Rada adopted bill No. 3663, which provides for a change in the management system of compulsory state social insurance.

This was announced by the first deputy head of the parliamentary committee of the Council Yaroslav Zheleznyak in his Telegram.

The draft law provides for the liquidation of the Social Insurance Fund as a legal entity and its accession to the Pension Fund.

Thus, the functions of social insurance in connection with temporary disability, accident at work and occupational disease will be transferred to the Pension Fund of Ukraine and its territorial bodies.

A total of 238 people’s deputies voted for the adoption of the bill. People’s deputies voted for the first reading even before the war – in November 2021.

The authors of the bill in an explanatory note argue that the liquidation of the Social Insurance Fund will save the state up to 2-3 billion hryvnia per year.

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