KIEV, April 18 – Ukraine’s Cabinet of Ministers will submit a draft pension reform plan to Parliament by May 16, Social Policy Minister Andriy Reva said.

"We have to take into account everything, we cannot rush in. There are serious experts, our economists from the Economy Ministry, the Finance Ministry, and also from the IMF working on this matter. By May 16, we should submit a relevant bill to the Verkhovna Rada," the minister said in an interview with the Dzerkalo Tyzhnia newspaper answering the question about the timeframe for the pension reform.