The maximum pension in Bulgaria will rise to EUR 1,738 as of tomorrow, October 1. In July 2022, the maximum pension increased from EUR 766 to EUR 1,022.
The recalculation of pensions granted until the end of 2021, will also come into effect on October 1. The recalculation is based on the so-called Swiss Rule, which takes into account the inflation and the insurable earnings for the period 2008- the end of 2021.
More than 700,000 Bulgarian pensioners will get a pension increase. The average pension for October will reach EUR 370 which is 8.5% more as compared to September, data of the National Revenue Agency show.
At a meeting in parliament in the presence of the party leaderships, the GERB-SDS coalition and the DPS-New Beginning party agreed on a full mandate to govern and fulfil the commitments for Bulgaria’s Euro-Atlantic orientation. This..
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Legislative amendments banning individuals sanctioned under the global Magnitsky law from holding senior government or party positions will likely be..
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