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Pensions continue to rise following “Swiss rule”

Employment and social pensions will continue to go up following the so-called “Swiss rule” as of 1 July, 2022 and 2023 by 5.5 and 5.6% respectively, reads an analysis by the National Social Security Institute on the Covid-19 pandemic and the social..

29.12.20 12:53 |

Changes in supplementary pension insurance discussed

The National Council for Tripartite Cooperation is to hold an online meeting on December 7 at 2 p.m. Trade unions, employers and the government will discuss a draft amendment to the Social Security Code submitted by Minister of Social Affairs, Denitsa..

07.12.20 06:30 |
Denitsa Sacheva

Pensions to go up by an average of 18.6% in 2021: Social Minister

“The Ministry of Labour and Social Policy will continue to look for ways to increase the incomes of senior citizens,” Minister Denitsa Sacheva said in parliament. “The average monthly pension in Bulgaria in 2021 is expected to reach 250 euro,..

23.10.20 15:35 |

Minimum pension rises to 153 euros at beginning of 2021

Pensions will rise by 5% under the so called Swiss rule on July 1. On January 1, the minimum pension rises from 128 euros to 153 euros a month, and the maximum reaches 736 euros, instead of the current 614 euros. This is provided by the draft..

16.10.20 18:31 |

Ruling party and opposition argue on International Day for Older Persons

In the most difficult days of the pandemic, we have made the life, health and social care for the elderly a priority, Prime Minister Boyko Borissov wrote on Facebook on the occasion of the International Day for Older Persons. For the third month in a..

01.10.20 11:46 |

25 euros more per month for pensioners during pandemic

Retirees will receive additional 50 levs (25.56 euros) each month for the duration of the pandemic. Pensions will then be indexed. This was what Prime Minister Boyko Borissov said in front of local residents in the village of Lesidren near Lovech...

28.09.20 15:50 |

More than 2 million Bulgarian retirees to receive supplement to pensions because of Covid-19

Just over 2.1 million pensioners in Bulgaria will receive a supplement of BGN 50 (about EUR 26) to their pensions for October. The additional amount will be paid to all pensioners, regardless of the amount of their pensions.  The payment of the..

16.09.20 17:36 |

Bulgarian pensions abroad will be paid without "life declaration"

The National Social Security Institute (NSSI) will pay pensions to Bulgarians abroad who are obliged to submit declarations during the state of emergency. Even if they failed to submit the so-called "life declaration", retirees will receive their..

27.04.20 16:08 |

Bulgaria and Azerbaijan sign pension agreement

Bulgaria’s Minister of Labor and Social Policies Biser Petkov and his Azerbaijani counterpart Sahil Babayev signed in Baku a pension agreement. The document regulates the social security during employment in the two countries, the procedures for..

06.11.19 16:17 |

Average monthly insurable earnings in Bulgaria stand at 457 euro

The average size of insurable earnings in Bulgaria for April 2018 is 893.27 Leva /457 euro/, the National Statistical Institute says. The average monthly insurable earnings for the period from 1 May, 2017 to 30 April, 2018 stood at 843.84 Leva..

12.06.18 12:42 |
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