Funds from other EU countries will be able to enter the Bulgarian market, collect social security contributions and pay pensions. This is stipulated by amendments to the Social Security Code, proposed for public consultation.
The pan- European Personal Pension Product (PEPP) was approved by the EU 2 years ago. PEPP is a voluntary personal pension scheme that offers EU citizens a new option to save for retirement. The voluntary PEPP pension scheme is complementary to state based and occupational pensions. It offers similar benefits to other personal pension products, while allowing mobile workers to carry their savings when seeking employment in another EU member state.
PEPP savers will be able to participate in investment management by choosing riskier and more profitable options or lower risk options which provide lower return.
"Only united will we preserve Bulgaria in the global turmoil. That bright Bulgaria of Levski, which relies on its own strength. The ancient Bulgaria that feels equal to the European nations. That fraternal Bulgaria of free people, which has defended..
The European Union must remain united and predictable in its overall support for Ukraine, Bulgaria’s Prime Minister Rosen Zhelyazkov said in his speech at the second emergency meeting on Ukraine, hosted by French President Emmanuel Macron, announced..
Public organizations in Bulgaria have announced a second day of boycott of grocery chains for February 20 , after reporting the success of the first such initiative in our country. On the first day of the boycott, according to data from the..
The Vazrazhdane parliamentary party is organizing a protest on February 22 in front of the Bulgarian National Bank against Bulgaria's entry into the..
The agriculture sector in Bulgaria maintains its stability, providing employment to 6% of the population and forming about 4% of the country's GDP. This..
A serious train crash involving a train owned by the Bulgarian company PIMK has occurred near Craiova, Romania. According to initial information, the..
Partly Cloudy
Clear
Mostly Cloudy