Funds from other EU countries will be able to enter the Bulgarian market, collect social security contributions and pay pensions. This is stipulated by amendments to the Social Security Code, proposed for public consultation.
The pan- European Personal Pension Product (PEPP) was approved by the EU 2 years ago. PEPP is a voluntary personal pension scheme that offers EU citizens a new option to save for retirement. The voluntary PEPP pension scheme is complementary to state based and occupational pensions. It offers similar benefits to other personal pension products, while allowing mobile workers to carry their savings when seeking employment in another EU member state.
PEPP savers will be able to participate in investment management by choosing riskier and more profitable options or lower risk options which provide lower return.
The planned annual maintenance of Unit 6 of Bulgaria's only NPP, Kozloduy, has been completed. The unit was connected to the national grid at 10:07 following an inspection by the Nuclear Regulatory Agency. In addition to the repairs made to improve..
A quadripartite meeting of the interior ministers of Bulgaria, Hungary, Austria and Romania in Budapest on 22 November made it clear that Austria would lift its veto and that Bulgaria and Romania would probably become full members of Schengen from the..
President Rumen Radev met with Bulgarians living and working in Singapore during his visit to the Asian country on November 22-24. There are an estimated 400 Bulgarians living in Singapore. "Our diaspora in Singapore occupies a very special..
According to an analysis by the Electricity System Operator, a shortage of electricity is expected as early as January and February next year. At a..
“It’s time to lift internal border controls now,” European Commissioner for Home Affairs Ylva Johansson believes. In an interview with RFE/RL she..
The Constitutional Court has opened a case following the request by President Rumen Radev for the amendments to the Constitution, endorsed by the 49 th..
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