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The new budget will keep the minimum wage at 399 euros, Finance Minister Assen Vassilev (fifth left) said at the meeting of the National Council for Tripartite Cooperation in Sofia, June 4, 2023.

Budget 2023: Employers will only pay the first two days of sick leave

The poorest pensioners will receive social benefits to be added to their pensions so they can reach the poverty line , but starting next year, Finance Minister Asen Vassilev said at the meeting of the National Council for Tripartite Cooperation, which..

03.07.23 14:42 |

Women’s lower salaries make for lower pensions

Women in Bulgaria have been hit harder by inflation because their average earnings are lower , Plamen Dimitrov, President of the Confederation of Independent Trade Unions in Bulgaria said, addressing the international women’s day national conference..

07.03.23 13:43 |

75% of Bulgarians find it difficult to meet their daily needs

Over 75% of Bulgarians have difficulty covering their daily expenses, shows a study of the National Statistical Institute. 19% of the respondents manage relatively easily, and only 4% do not have any problem.  In the last quarter of last year,..

06.03.23 15:24 |

The average pension in Bulgaria amounts to EUR 345

At the end of 2022, there were 2,030,318 pensioners in Bulgaria. The average pension amounted to EUR 345, which is close to the 2023 poverty threshold – EUR 257. According to the National Social Security Institute, the average old-age pension reached..

20.02.23 12:44 |

Disabled people protest against shortcomings in medical expertise

People with disabilities came out to protest in front of the Council of Ministers. Their demands are for shorter delays in the delivery of decisions by the medical commissions and that secondary diseases are also taken into account, not only the main..

10.01.23 15:14 |

International corporation buys 10% of the largest Bulgarian pension insurance company

The International Financial Corporation (IFC), a member of the World Bank Group, is now a shareholder in the Bulgarian pension insurance company "Doverie" with almost 10% participation. By the end of 2022, the company with a..

22.12.22 16:36 |
National Social Security Institute

National Insurance Institute reveals large-scale scheme for draining the Pensions Fund

Bulgaria's National Social Security Institute (NOI) has revealed a large-scale scheme to drain the Pensions Fund. It refers to false documents from closed enterprises, about dozens of people appointed to the same position, about signing employment..

16.12.22 18:37 |

Tripartite Council fails to reach agreement on wages and pensions

The partners in the Tripartite Cooperation Council (government, employers, trade unions) were unable to reach agreement on the draft laws providing for an increase in wages and pensions.  Both the government and the employers are against a..

22.11.22 16:00 |

"We Continue the Change" turns down GERB’s invitation for cabinet talks, remains in opposition

The leaders of "We Continue the Change" Kiril Petkov and Assen Vassilev said they would not participate in a government formed on the mandate of GERB. If the government-forming mandate is later handed over to another political force, including..

07.10.22 12:17 |

The maximum pension in Bulgaria becomes EUR 1,738 from October 1

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..

30.09.22 17:24 |
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