Pension

Bisser Petkov with a greeting on the occasion of the International Day of the Elderly People.

Bulgaria has "donated" a workforce worth BGN 40 billion to the European Union. Prof. Boyan Durankev stated to Radio Focus.

The Labor Ministry intends to correct a considerable distortion of the social security system that has resulted from the introduction of the Katrougalos law. Leading to unreasonably low new pensions, the law is an incentive for undeclared and low-paid employment.

A spokesman for the International Monetary Fund on Friday expressed the IMF's opposition to the restoration of Greek pension bonuses and its insistence on the need for pensions to be further reduced along with cuts to the tax-free threshold for income. 

Young workers registering with the new capital-building branch of the auxiliary social security fund (ETEAEP) from 2021 will likely be able to choose at what age - between 60 and 70 years old - they want to receive their auxiliary pensions.

Young workers registering with the new capital-building branch of the auxiliary social security fund (ETEAEP) from 2021 will likely be able to choose at what age - between 60 and 70 years old - they want to receive their auxiliary pensions.

Prime Minister Viorica Dancila announced on Friday that she proposes the parliamentary parties to sign the National Pact for Romanians' welfare, mentioning that it should be the political guarantee to further increase the standard of living in the next period. "We have all seen in the last period countless proposals of pacts and agreements.

John F. Kennedy's inaugural speech was a call for commitment and responsibility: "Ask not what your country can do for you - ask what you can do for your country." It doesn't matter whether "your country" is a nation-state or a colony or a dependency: "Country" means people living together with as much agreement and sense of common interest as possible.

The average social insured income for the country for July 2019 is BGN 974.05, the NSSI announced.

The average monthly insurance income for the country for the last year is 945,00 BGN.

The determined average monthly social security income for the country for the indicated period serves in calculating the amount of newly granted pensions in August this year.

The Labor Ministry has recalled 86 employees to help speed up the processing of hundreds of thousands of outstanding pension applications that are gathering dust in the basement of headquarters at the country's main social security agency.