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 damage control and fire-fighting teams in Shumen have responded to 10 reports of damage due to the strong wind, the Regional Directorate of the Interior Ministry has announced. More often than not the reports were of fallen trees and branches in..
More than 35% of people in this country support the idea of a full annulment of the 27 October early election for parliament , indicates a national survey financed and carried out jointly by bTV and Market Links sociological agency. 26% of the..
The youngest grandmother in Bulgaria is just 28, Dr. Antonio Dushepeev, head of the maternity ward at the University General Hospital in Burgas said for the BNR. 149 underage girls gave birth at the hospital last year alone, the youngest of whom was..
“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..
Romania and Bulgaria have a chance to join the Schengen area by land as of January 2025 , Hungarian Interior Minister Sándor Pinter said after an..
Mostly Cloudy
Partly cloudy, chance of rain
Partly Cloudy
Partly cloudy, chance of snow