Groysman sees Ukraine receiving $12 bln of intl aid in 2016 - Bloomberg

Ukraine's premier said his cabinet is gearing up to tackle the controversial issue of pension reform," reads a report on the agency's website. "The figure includes more than $4 billion in transfers from the International Monetary Fund, as well as bilateral assistance from allies such as the US," Hroysman said in the interview. "Pension reform, not an issue for the latest tranche, has torpedoed cooperation between previous governments and the lender. The current system, under which some professions such as coal miners and prosecutors are able to retire early, is "very ill," yielding minimal payments on which people can barely survive," Hroysman said. "There are people who retire before they turn 50. I think it's a big problem because a person is still young before 50," he said, without specifying whether existing gradual increases in the overall pension age are sufficient. "We need to change this system," he added.