The MPs obligated the supervisory board of the National Social Security Institute to support the revaluation of pensions by 11% as of 1 July this year. Such a decision had already been approved by the supervisory board but one of the..
The National Assembly will hold an extraordinary sitting at 1 pm on May 21, the Parliament’s presiding body decided. MPs will hear caretaker Premier Dimitar Glavchev regarding the upcoming increase in pensions from July 1. The request for the..
I proposed that the pensions update from July 1, 2024 be set at 11% and the Supervisory Board of the National Social Insurance Institute voted in favour of my proposal, caretaker Minister of Labor and Social Policy Ivaylo Ivanov said. He noted that..
The average monthly pension paid out in January 2024 in Bulgaria is almost EUR 383. For women it is EUR 333, and for men – EUR 457, indicate National Statistical Institute data. The average contributory service and retirement age pension is higher –..
Bulgaria is the European Union member country where pensions are received for the shortest amount of time. The payment of retirement pensions in EU member states continue between 15 and 25 years, on average. In Bulgaria, men receive a pension for an..
The average annual salary for men is 20,515 BGN (10,489 EUR), and for women - 16,880 BGN (8,630 EUR) . This is shown in the Report on the equality of women and men in Bulgaria for 2022, published for public discussion on the website of the Ministry of..
The poorest pensioners will receive social benefits to be added to their pensions so they can reach the poverty line , but starting next year, Finance Minister Asen Vassilev said at the meeting of the National Council for Tripartite Cooperation, which..
Women in Bulgaria have been hit harder by inflation because their average earnings are lower , Plamen Dimitrov, President of the Confederation of Independent Trade Unions in Bulgaria said, addressing the international women’s day national conference..
Over 75% of Bulgarians have difficulty covering their daily expenses, shows a study of the National Statistical Institute. 19% of the respondents manage relatively easily, and only 4% do not have any problem. In the last quarter of last year,..
At the end of 2022, there were 2,030,318 pensioners in Bulgaria. The average pension amounted to EUR 345, which is close to the 2023 poverty threshold – EUR 257. According to the National Social Security Institute, the average old-age pension reached..
