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

Bulgarian pension system faces major demographic challenges

Photo: BGNES

This is the conclusion of NSSI experts, published in the first for the year Electronic Social Security Bulletin. Eurostat forecasts show that the population in Bulgaria will be declining and at the same time its age structure will continue to deteriorate.

Two years ago, there were 74 retirees per 100 socially insured persons, and it is estimated that in 2060, there will be 89 retirees per 100 employees.

Over the next 40 years, it is projected that as a result of aging, the number of employees will decline by nearly 38%. The share of people in retirement age will increase from 21% to 31% by 2070.




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

GERB MP Toma Bikov

GERB-SDS stated that they will be an indispensable factor in the new parliament

The recent elections set new trends in the Bulgarian political system. It now consists of one large formation, GERB-SDS, and many smaller parties, said GERB MP Toma Bikov, adding that it is impossible to form a regular government without GERB-SDS...

published on 11/11/24 10:57 AM
Silvi Kirilov

The MPs from the new National Asembly take an oath

The oldest MP, There Is Such a People's Silvi Kirilov, opened the inaugural sitting of the 51st National Assembly. ''Many dividing lines have been drawn in Bulgarian society. This is a problem which needs to be addressed by the National Assembly and..

published on 11/11/24 10:45 AM

Boyko Borissov: A government can be formed without DPS–A New Beginning and the Alliance for Rights and Freedoms

A government can be formed without DPS – A New Beginning, the  Alliance for Rights and Freedoms, Vazrazhdane and MECH. All others can form a government, GERB leader Boyko Borissov said before the inaugural session of the 51st National Assembly...

published on 11/11/24 10:10 AM