Share

Text size

Bulgarian National Radio © 2025 All Rights Reserved

Social Minister Borislav Gutsanov: Retirement age should not be touched

published on 5/23/25 10:27 AM

Social Minister Borislav Gutsanov

Photo: BTA

The retirement age should not be changed – this is the position expressed by Social Minister Borislav Gutsanov talking to the Bulgarian National Television. He recalled that according to the law, it should reach 65 years by 2037.

“This topic should be closed and no one should think that they can increase the retirement age,” he was categorical.

According to the minister, it is necessary to talk not about pension reform, but about upgrading and improving. In his words, the share of shadow economy in Bulgaria reaches 25%. “This is a huge opportunity and a reserve for it to lighten up, so I issued an order for inspections by the Main Labor Inspectorate so that other funds can enter the pension system.”

Currently, 11.2% of the Gross Domestic Product is allocated for pensions. About 43% of the funds come directly from the budget, and the rest – from the National Social Security Institute.

"If there is a national goal that can unite the nation, it is dealing with the demographic catastrophe," the social minister also said.

Edited by Diana Tsankova
English version: Rositsa Petkova
Photo: BTA

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News Borislav Gutsanov gross domestic product pensions retirement age shadow economy social minister

More from category

Warm autumn weather in the forecast

On Wednesday minimum temperatures will range between 3° C. and 8° C., for Sofia around 4° C. Visibility will be diminished in the morning in the valleys and lowlands. During the day the weather will be predominantly sunny with a temporary increase..

published on 10/21/25 6:45 PM

Myara agency: Crimes and incidents continue to be a major source of tension

Social tensions from 1 July until 30 September this year are estimated at an index of 6.09, meaning “risks that are difficult to control”, on a scale of 1 to 210, indicates a survey by the sociological agency Myara, the Bulgarian news agency BTA..

published on 10/21/25 4:09 PM

Parliament building

The ruling coalition discuss the future of the cabinet behind closed doors

A meeting of the coalition partners took place early this morning, during a sitting of the National Assembly, to discuss the possible reformatting of the government. Such a change was first made mention of by GERB leader Boyko Borissov after his party..

updated on 10/21/25 3:12 PM

1
..
3
4
5
6
7
..
10

WEATHER

Pick city: Sofía

Mostly Cloudy
Min: 7 | Max: 20

BULGARIA IN PICTURES

Which world-famous Bulgarian artist designed QSL cards for Radio Bulgaria?

MOST VIEWED

Within the space of 1 month, Bulgaria is mentioned 7 times as a country connected with dangerous food

In September, Bulgaria was mentioned as a country connected with dangerous food 7 times, indicate data of the European Rapid Alert System for Food and..

published on 10/21/25 3:09 PM

Cabinet allocates 15,000 leva to be paid out to heirs of people who lost their lives in the floods

The legal heirs of the people who lost their lives during the flooding in the region of Burgas at the beginning of October will receive 15,000 leva (EUR..

published on 10/21/25 2:58 PM

The ruling coalition discuss the future of the cabinet behind closed doors

A meeting of the coalition partners took place early this morning, during a sitting of the National Assembly, to discuss the possible reformatting of..

updated on 10/21/25 3:12 PM

shopify analytics ecommerce
tracking