Pension

Bulgarian Minister of Labor: State Will Further Support Pensioners and Families with Children

In April, Bulgarian retirees with a pension ranging from BGN 300.01 up to BGN 369, which is392 000 people, will receive additional BGN 120 for food. That would cost the state budget about BGN 47 million. With this BGN 120 they will have the opportunity to buy whatever they need, the money is targeted specifically for food products.

Retirement provision continues to raise dust after passage

Ljubljana – The provision allowing employers to unilaterally terminate workers once they have met formal conditions for retirement, passed within the latest stimulus package in parliament on Tuesday, continues to raise dust as trade unions label it inadmissible and clear abuse of crisis legislation. Employer representatives are meanwhile welcoming it.

Finance Committee approves several amendments to new corona package

Ljubljana – The parliamentary Finance Committee has approved the newest corona crisis package after two contentious provisions were thrown out by the opposition. The committee also okayed a coalition-sponsored provision denying aid to those violating government decrees despite warning that the amendment is unconstitutional.

Doctors warn about retirement provision in latest package

Ljubljana – The Medical Chamber has warned about ramifications of the provision in the seventh stimulus bill that allows retirement of workers without a justified reason immediately after they meet the conditions for old-age pension. The chamber says that any such outflow of doctors and dentists would further jeopardise access to healthcare.

Workers to see salary hikes thanks to contribution reduction

Some 1,985,000 workers in the private sector will see salary increases early in 2021, as a result of the reduction of social insurance contributions that takes effect this Friday, January 1, Labor Minister Yiannis Vroutsis told Alpha Radio on Monday.

Moreover, several positive changes in the country's social insurance system are also in the pipeline, he added.

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