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

Parents of children killed in road accidents dissatisfied with the relocated protest site

The protest organized by the "Angels on the Road"  association began with a scandal. Parents of children killed in road traffic accidents had notified the Sofia Municipality about their protest in front of the National Assembly building, but at the..

published on 11/11/24 9:44 AM

Supporters of DPS-А New Beginning were the first to protest in front of parliament

Supporters of Movement for Rights and Freedoms - A New Beginning are protesting in front of the official entrance of the National Assembly. The protesters are separated by a police cordon from the buildings of the Presidency, the Council of..

published on 11/11/24 9:11 AM

Sofia Municipality to build a museum of communism in Bulgaria's capital

''I promised to build a museum for the history of Bulgarian communism during the election campaign, and we are now taking the first steps", Sofia Mayor Vasíl Terziev wrote on Facebook. ''Sofia is the only capital from the former Eastern Bloc without a..

published on 11/11/24 8:51 AM