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

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

National Social Security Institute
Photo: BGNES

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 contracts with dead people. 

The most drastic case is related to certificates of the state company Stroimashinengineering, declared bankrupt in 1997, deleted from the registers in 2012 and declared to be the legal successor of another state company. Thus, in the period 2012-2017, more than 350 false applications for granting or recalculating pensions were submitted in the capital with attached employment records and unrealistically high incomes entered in them. 
With the disclosure of the scheme, particularly large damages have been prevented, considering the long-term payments, for which several million BGN are needed annually.



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

Ursula von der Leyen mentions Bulgarian girl Debora on International Day for the Elimination of Violence against Women

Bulgarian Debora Mihaylova , who was brutally slashed with a mock knife by her boyfriend Georgi Georgiev , is one of the victims of violence mentioned by Ursula von der Leyen in her address on the occasion of the International Day for the Elimination of..

published on 11/25/24 5:09 PM
Rositsa Stelyanova

Bulgarian Industrial Capital Association demands a 3% increase in vocational classes

In a letter to Minister of Education Galin Tsokov, the Bulgarian Industrial Capital Association expresses concern over the state plan for admissions for the 2025-2026 academic year, in which the number of vocational classes in schools are being..

published on 11/25/24 4:29 PM

Prosecutor’s office is investigating Romanian citizens for illegal migrant trafficking

The Sofia City Prosecutor’s Office has initiated pre-trial proceedings regarding an organized criminal group for the trafficking of migrants, the prosecutor’s office has announced. Evidence was collected during the investigation regarding 16..

published on 11/25/24 2:51 PM