Can I buy additional insurance experience for my pension?

08.12.2025 22:40 • Question

I recently found out that a certain amount of insurance experience is required to apply for a pension, and I'm a bit short. Can I really 'buy' the necessary insurance experience? What is the procedure for this, how much might it cost, and are there any limitations or nuances when voluntarily participating in the pension system?

1 Answers

Lorina Fedan

Answer provided 09.12.2025 11:45

Individuals who lack sufficient insurance seniority for a pension can: work the required number of months/years; "buy" the missing insurance seniority for pension appointment.It is possible to "buy" insurance seniority for periods starting from 2004, when a citizen was not employed or registered as an individual entrepreneur. It is impossible to buy seniority for the period before 2004.Taxpayers who were insured but did not pay the single social contribution during the benefit period will not be able to buy seniority for the aforementioned periods. To "buy" insurance seniority, an individual must contact the tax authority and conclude a voluntary participation agreement in the compulsory state social insurance.The required seniority can be "bought" in a lump sum, by paying the entire amount of the single social contribution for the necessary period. The lump sum payment of the single social contribution for each month cannot be less than the minimum insurance contribution on the date of concluding the agreement, multiplied by a coefficient of 2. The lump sum payment of the single social contribution is made as one amount for the entire period for which it is necessary to "buy" seniority, within 10 calendar days from the date of signing the agreement. If the agreement is concluded for a term of at least one year, contributions are paid gradually. The monthly amount of the single social contribution cannot be less than the minimum amount of the single social contribution (the minimum amount of the single social contribution is 1760 UAH).

The answer is informational and does not replace a full legal consultation. For a detailed analysis of your situation, contact a lawyer directly.