Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgarian pension system faces major demographic challenges

Photo: BGNES

This is the conclusion of NSSI experts, published in the first for the year Electronic Social Security Bulletin. Eurostat forecasts show that the population in Bulgaria will be declining and at the same time its age structure will continue to deteriorate.

Two years ago, there were 74 retirees per 100 socially insured persons, and it is estimated that in 2060, there will be 89 retirees per 100 employees.

Over the next 40 years, it is projected that as a result of aging, the number of employees will decline by nearly 38%. The share of people in retirement age will increase from 21% to 31% by 2070.




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.

More from category

Weather forecast: Friday will be sunny

On Friday morning visibility will be diminished in parts of the lowlands and valleys. Minimum temperatures 5-10° C., for Sofia 6° C. During the day there will be sun with scattered clouds. Maximum temperatures 17-22° C., for Sofia around 17° C...

published on 10/31/24 6:15 PM

GERB says it would make every effort to form regular government

The GERB party will make every effort to form a regular government with a full mandate. This was what the leader of the party Boyko Borissov said this morning during a meeting with the ambassadors of the EU countries in Bulgaria. He announced this..

published on 10/31/24 5:30 PM
Nikolay Denkov

PP-DB will not support a cabinet with Prime Minister Boyko Borisov

GERB leader Boyko Borisov must answer clearly whether he will remove Delyan Peevski from his entourage and return to the European development of Bulgaria, or work with Delyan Peevski and move Bulgaria towards a dictatorship, as Peevski is currently..

published on 10/31/24 2:33 PM