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Pensions to be raised in 2022

In 2022 pensions will be raised by an average of 43 euros per retiree, according to the NSI calculations based on new rules adopted by the parliament. On an annual basis, the rise is about 7-8%. According to the forecasts, next year the average..

25.10.21 18:34 |

Bulgaria’s National Assembly to vote at first reading amendments to 2021 state budget

Today, Bulgaria’s National Assembly is to vote at first reading amendments to the 2021 state budget, the National Health Insurance Fund and the State Social Security. Pensions are expected to increase by an average of 12.5% as of October 1, as..

26.08.21 05:05 |
Minister of Labour and Social Policy Galab Donev

Pensions to be raised as of 1 October

Pensions will be raised by an average of 12 . 5% as of 1 October, Minister of Labour and Social Policy Galab Donev announced. Furthermore 431,000 people over the age of 65 with pensions below the poverty line (369 Leva a month) will..

22.07.21 15:37 |

Finance Minister: We have fundamental differences with ITN

The caretaker Minister of Finance Asen Vassilev told Nova TV that with "There is Such a People" there are fundamental differences in economic policy. He refused the winning party to join its cabinet.  "If we find an understanding that our economic..

17.07.21 13:35 |
Nikolay Vassilev

Nikolay Vassilev: Bulgaria was about to have the most reform-minded cabinet

Bulgaria was about to have the most reform-minded cabinet, said Nikolay Vassilev at a press conference of "There is Such a People" party. Initially, Nikolay Vassilev was nominated for the position of Prime Minister of Bulgaria, but later ITN withdrew..

16.07.21 19:03 |

Low level of social security payments leads to small pensions: National Social Security Institute

Almost one-third of the people who work in Bulgaria pay minimum wage social security contributions, or below, according to the National Social Security Institute. That is the reason why pensions in the country are low, they say. In April the..

05.07.21 12:57 |

Pensions go up by 5% as of 1 July

The National Social Security Institute has decided to raise the pensions granted after 31 December last year by 5%, as of 1 July, 2021. The social old-age pension will also be increased by 5% to 148 Leva (76 euro) per month. The..

03.06.21 15:51 |

Scandal over pensions during parliamentary sitting

One of the last sittings of the newly-formed Bulgarian Parliament started with a scandal on Friday morning. For more than an hour, lawmakers failed to agree on a work agenda for the day. The deputies were dismissed during a break after the MPs from the..

07.05.21 12:06 |

Bulgaria’s National Assembly approves recalculation of pensions at first reading

Bulgaria’s National Assembly approved at first reading the proposal for recalculation of the pensions granted until the end of December 2017, informed the reporter of the Bulgarian National Radio Violeta Ashikova. 127 MPs voted in favor and 1..

05.05.21 19:51 |

Bulgarian government allocates additional funds for retirees and municipalities

Bulgaria's Council of Ministers has approved the allocation of an additional 50 m euros from the state social security budget due to the coronavirus crisis. The funds will be distributed among 2.1 million pensioners and amount to 25 euros for each..

10.03.21 12:17 |
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