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.
On Thursday the weather in Bulgaria will be sunny, in the afternoon over the mountainous areas with insignificant cumulus clouds. There will be a weak, in the eastern regions to moderate wind from the south-southeast. Temperatures will rise and..
Magura Cultural Center is participating in the art project ''Irenwe Wa: she speaks the regular way'', created as part of the Terminal 5 expansion at Chicago’s O’Hare International Airport. ''This installation highlights the voices of immigrant..
Bulgaria’s Prime Minister Rosen Zhelyazkov held a video conference with Ukrainian Prime Minister Yulia Svyrydenko. During the meeting, Rosen Zhelyazkov reaffirmed Bulgaria’s unwavering support for Ukraine in the context of the war. He recalled that..
"There is no control body and it is not clear who checks the sports attractions, as well as who is responsible for their use". This was..
More and more young people in Bulgaria are succumbing to the easy access to quick loans, driven by the lack of financial experience, the desire for..
The Food Safety Agency of Azerbaijan has imposed temporary restrictions on the import of certain goods from some regions of Bulgaria and Croatia due to..
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