ПРОГРАМИ
en de ru fr es sr gr al tr ro
Podcast in English
Share
Text size
Bulgarian National Radio © 2024 All Rights Reserved

NSSI proposes reforms to secure Bulgaria's pension system

In 2023, there will be 68 pensioners per 100 insured workers in Bulgaria. By 2070, the ratio is expected to be 78 pensioners per 100 insured workers. This information comes from a 2024 report by the National Social Security Institute, which forecasts the state of the pension system in 2070 in the face of an ageing population, increasing life expectancy and a declining number of contributors, according to online newspaper The Dnevnik.

To stabilise the pension fund, the institute proposes two options. The first option is to gradually increase the pension contribution rate for those born after 1959, starting in 2025. This increase would be one percentage point every five years and would reach 19.8% of insured income in 2045.

The second option is to change the formula for the annual pension adjustment, which currently takes place on 1 July. At present, pensions are increased by half the rate of inflation and half the growth in insured earnings from the previous year. However, if pensions were only adjusted for inflation, this would reduce pension costs in the medium and long term, according to the institute.

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.
Radio Bulgaria News    ageing demography nssi pensions

More from category

Week ends with autumn-like clouds and rain

On Saturday, northwesterly winds will bring cooler temperatures across the country. Cloudiness will be variable to significant, with showers and thunderstorms in the mountains and east. Lows will be between 12° and 20°C, 12° in Sofia. Highs will be..

published on 9/13/24 7:05 PM

Ministers of Culture of North Macedonia and Bulgaria: Culture can be the bridge between us

Bulgarian Minister of Culture Nayden Todorov has met in Sofia with his counterpart from the Republic of North Macedonia, Zoran Ljutkov, the Ministry of Culture reported. The two ministers assessed highly the cooperation between the two countries in..

published on 9/13/24 6:06 PM

"Bulgarian embroidery" dress code for the first day of school in Kardzhali

The new school year will begin on September 16 at the "Yordan Yovkov" Secondary School in the city of Kardzhali with a special dress code. Motifs of Bulgarian embroidery will be mandatory for the clothing of all teachers and students in the school..

published on 9/13/24 5:54 PM

WEATHER
Pick city: Sofía
sunshine, cloud, rain and thunder
Min: 14 | Max: 26
Partly Cloudy
Min: 19 | Max: 30
Partly Cloudy
Min: 20 | Max: 28
sunshine, cloud, rain and thunder
Min: 12 | Max: 26
sunshine, cloud, rain and thunder
Min: 17 | Max: 27
Partly Cloudy
Min: 14 | Max: 31
Partly Cloudy
Min: 13 | Max: 30
Partly Cloudy
Min: 17 | Max: 28
Partly Cloudy
Min: 15 | Max: 29
sunshine, cloud, rain and thunder
Min: 12 | Max: 25
Mostly Cloudy
Min: 14 | Max: 30
sunshine, cloud, rain and thunder
Min: 16 | Max: 28
Partly cloudy, chance of rain
Min: 13 | Max: 30
Partly cloudy, chance of rain
Min: 8 | Max: 26
Mostly Cloudy
Min: 15 | Max: 32
Mostly Cloudy
Min: 13 | Max: 31
Partly Cloudy
Min: 18 | Max: 29
Partly Cloudy
Min: 16 | Max: 32
Partly Cloudy
Min: 18 | Max: 30
Partly Cloudy
Min: 16 | Max: 28
Mostly Cloudy
Min: 9 | Max: 22
Partly cloudy, chance of rain
Min: 16 | Max: 25
Partly Cloudy
Min: 16 | Max: 30
Partly Cloudy
Min: 14 | Max: 28
Partly Cloudy
Min: 16 | Max: 30
Partly Cloudy
Min: 14 | Max: 29
Partly Cloudy
Min: 15 | Max: 28
BULGARIA IN PICTURES
Which world-famous Bulgarian artist designed QSL cards for Radio Bulgaria?
Yasen Gyuzelev
Theodore Ushev
Christo Javacheff - Christo
Ilia Peikov
Lika Yanko

BULGARIANS ABROAD

Български English Русский Deutsch Српски Français Ελληνικά Español Shqip Türkçe Română
MOST VIEWED

Court does not allow Ahmed Dogan’s DPS faction to participate in the elections

The Supreme Administrative Court rejected the appeal of the coalition around Ahmed Dogan - "Democracy, Rights and Freedoms - DPS"..

published on 9/12/24 4:41 PM

UPDATED: Two pilots killed as military plane crashes while training for air show

Defence Minister Atanas Zapryanov has cancelled the air show at the Graf Ignatievo Air Base after an L-39 ZA military transport plane crashed, the..

published on 9/13/24 1:56 PM

Sofia wants eased import of Bulgarian agricultural products to China

At a Bulgarian-Chinese business forum in Sofia, President Rumen Radev pointed out the advantages of the business environment in..

published on 9/12/24 2:52 PM

english@bnr.bg

+359 2 9336 661

Общи условия за използване на сайта | Политика за поверителност | Политика за "бисквитки"