Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

NSSI expects 350 million euro in extra revenues next year

Photo: picture library

The deficit of the National Social Security Institute (NSSI) will decrease by 150 million euro in 2017 following the increase of pension security contributions by one percentage point and of retirement age and the work record needed for retirement by two months. The amount transferred by the state to cover the deficit of the pension security system will be 2.2 billion euro, down from 2.35 billion this year. The NSSI draft budget is based on a minimum monthly salary of 230 euro, 9.5 percent higher than this year’s. Minimum social security margins though will remain at this year’s levels because employers refused to negotiate on them with trade unions. As a result of this the social security budget projects 350 million euro more revenues from social security contributions, or the total of 2.8 billion euro.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Velingrad sheep breeders are fighting to protect their herds

Representatives of the Food Safety Agency have arrived in Velingrad to take new samples from the 1,700 sheep quarantined because of a suspected plague outbreak.  BNR correspondent in Pazardzhik Nevena Petrova reported that the Food Agency..

published on 11/27/24 2:06 PM

Bulgaria's President opens business forum in Ho Chi Minh during his Vietnam visit

At the opening of a business forum in Ho Chi Minh City during his official visit to Vietnam, Bulgarian  President Rumen Radev pointed out that Bulgaria can offer a wide range of opportunities for developing mutually beneficial cooperation...

published on 11/27/24 1:46 PM

The Prosecutor's College allowed Sarafov to a hearing before the Supreme Judicial Council's Plenum

The Prosecutor's College of the Supreme Judicial Council approved the reports of the Commission on Attestation and Competitions and the Commission for Professional Ethics regarding the candidacy of Borislav Sarafov for Chief Prosecutor, reported BTA...

published on 11/27/24 12:25 PM