Text size

Bill on the State Social Insurance Budget passed in first reading in Parliament

published on 12/1/23 4:40 PM

Photo: BTA

The draft law on the State Social Insurance Budget for 2024 has passed its first reading in Parliament. From 1 July, all pensions granted until the end of 2023 will be updated by 11%, thus the minimum pension will increase from the current €268.01 to €297.48. The maximum amount of one or more pensions per person will remain at €1,742.20.

The maximum insurable income for all insured persons will increase from €1,738 to €1,917 and the minimum insurable income for self-employed persons, farmers and tobacco growers will increase from €398.81 to €477.04 from 1 January.

Employers will only have to pay sick pay for the first two days of illness instead of the current three.

MEPs also approved in first reading the health insurance fund's draft budget for 2024, which amounts to more than €4 billion.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News bill furst reading parliament State Social Insurance Budget

More from category

Just 10% of children deprived of parental care in Bulgaria can be adopted

Currently, out of nearly 8,000 children deprived of parental care, just 850 have permission for full adoption. This was announced by Deputy Minister of Labor and Social Policy Ivan Krastev at a roundtable in Sofia, specifying that about 3,700 children..

published on 9/26/25 5:35 PM

EC: Bulgaria may be temporarily deprived of part of the money under the National Recovery and Resilience Plan

Bulgaria may be temporarily deprived of part of the money from the second tranche of the National Recovery and Resilience Plan, but only if the anti-corruption commission is politically and financially dependent, the European Commission told the..

published on 9/26/25 4:04 PM

Vazrazhdane party organizes anti-government protest in central Sofia on September 27

The nationalist party Vazrazhdane has announced a protest demanding the resignation of the government on September 27. The protest will be held in front of the National Assembly building in central Sofia at 12:00. A protest is..

published on 9/26/25 3:55 PM