Pensioners who have switched their pension payments to mono will receive 1,000 UAH, after taxes, by the end of the year, according to Monobank co-founder Oleg Gorokhovsky.
“And as soon as they receive their first pension on a mono card, we’ll credit 1,000 UAH to their cashback account. We’ll cover the tax as well. In addition, we’re adding a ‘Medical’ category with 5% cashback for the year,” he noted.
Gorokhovsky emphasized that, according to the law, pensions can be received on a card from the bank of the pensioner’s choice.
As of July 1, 2026, there are 9.98 million pensioners in Ukraine, according to data from the Pension Fund. Eighty-three percent of pensioners—approximately 8.3 million people—receive their payments through banking institutions. The remaining 17% continue to receive their payments through Ukrposhta branches and mail carriers.