She said this in an interview with Interfax-Ukraine.

“We have not yet created the infrastructure for this to work, but there are already many developments. In general, studies on the funded system show that people's expectations regarding this system are too high, people do not fully understand how much this will be, ”she said.

Sokolovskaya added that the Ukrainian authorities need to look at the experience of other countries in order to adopt only the best practices.

“I’ll say such a thing - today nothing prevents us from accumulating our old age, but, unfortunately, for some reason we are not doing this. This is actually human nature. Therefore, encouraging people to accumulate is one of the solutions. But it would be good if people understood and thought about old age in advance, ”the minister concluded.

Earlier, the leader of the Batkivshchyna party, Yulia Tymoshenko, announced her intention to create a personalized pension system in the country, which, according to her, will increase pensions for the majority of citizens at least twice.