Employment and social pensions will continue to go up following the so-called “Swiss rule” as of 1 July, 2022 and 2023 by 5.5 and 5.6% respectively, reads an analysis by the National Social Security Institute on the Covid-19 pandemic and the social security system.
This means that as of 1 July, 2022 the minimum contributory service and retirement-age pension will reach 316.50 Leva /162 euro/ per month, and as of 1 July, 2023 – 334.22 Leva /171 euro/ per month. The social old-age pension will reach 159 Leva /81 EURO/ per month as of 1 July, 2022 and 165.68 Leva /85 euro/ per month as of 1 July, 2023. The upper limit on pensions remains 1,440 Leva /716 euro/ per month.
Reporting by Maria Kostova, Horizont channel.
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