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USAID provides Ukraine's Pension Fund with server system worth $1 million
20:07, 17 April 2018

USAID provides Ukraine's Pension Fund with server system worth $1 million

The equipment will automate and accelerate providing of the service by the fund

20:07, 17 April 2018

112 Agency

U.S. Agency for International Development (USAID) provided Ukraine's Pension Fund with the Oracle server system worth $1 million that will allow improving the transactional work of the pension system Marie Yovanovitch, the U.S. Ambassador to Ukraine claimed this at the press conference.

'I officially approve this system', Yovanovitch noted.

Related: USAID to assign USD 14 mln to implement digital state procurement system in Ukraine

According to Oleksy Zarudny, the Chairman of Pension Fund of Ukraine, this server system will improve the service of the pensioners who can follow their pensions in on-line regime in the secured system. It is noted that a new system will provide Ukraine computing powers which are necessary to centralize the data and allow to quickly and reliably provide the pension payments.

Related: Private old age: What is the future of Ukraine's non-state pension funds?

As we reported Ukraine’s Government can empower the Red Cross to deal with pension payments on the territory of the occupied Donbas, on condition of the relevant control by the organization.

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