Funds from other EU countries will be able to enter the Bulgarian market, collect social security contributions and pay pensions. This is stipulated by amendments to the Social Security Code, proposed for public consultation.
The pan- European Personal Pension Product (PEPP) was approved by the EU 2 years ago. PEPP is a voluntary personal pension scheme that offers EU citizens a new option to save for retirement. The voluntary PEPP pension scheme is complementary to state based and occupational pensions. It offers similar benefits to other personal pension products, while allowing mobile workers to carry their savings when seeking employment in another EU member state.
PEPP savers will be able to participate in investment management by choosing riskier and more profitable options or lower risk options which provide lower return.
The government has approved amendments to the Defence and Armed Forces Act. The changes will introduce training in Military Affairs and Defence at professional colleges. This training will be recognised as equivalent to the skills and qualifications..
Thank you for choosing to stay in Bulgaria. This was said by Bulgaria's Prime Minister Rosen Zhelyazkov at the ceremony officially announcing the new class of fellows under the EXPLORER program of the Institute for Computer Science, Artificial..
A new large fire has broken out in Rila Mountain , BTA reported, citing the police in the town of Kyustendil. The fire is located at an altitude of about 2,200 m in the area above the Iliina River, in the area where the Rila Monastery is located, but is..
Bulgarian MEP from the Europe of Sovereign Nations group Petar Volgin, known for his pro-Kremlin position, condemns Russian interference in Eastern..
Prime Minister Rosen Zhelyazkov is leading a government delegation that is on an official visit to the Republic of Montenegro today and tomorrow...
OnTuesday, it will be mostly sunny with temporary increases in cloud cover . A weak to moderate wind will blow from the east-southeast. Maximum..
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