Pension

Around 1.3 million Pensioners in Bulgaria Will Receive Additional BGN 40 to Their Easter Pensions

1,322,300 pensioners will receive a supplement to their pensions for April, the press service of the Cabinet said. The supplementary amount to the pension is BGN 40 and will be paid to pensioners whose pension or the sum of the pensions together with the supplements and compensations for them in April is up to BGN 348  including the amount of the poverty line for 2019. 

Retirees in the dark about size of pension

Pensioners are having to turn to the Ombudsman and the courts to find out what the correct amount of their monthly payout should be, following delays from the Labor Ministry in issuing the necessary notices specifying the amount due to each pensioner as of January 1, 2019, after the new calculation system was introduced.

#Romania2019.eu/About 90 experts of EU attend in Bucharest informal meeting of Social Protection Committee

Approximately 90 experts of the European Union are participating on Monday and Tuesday in the Informal Meeting of the Social Protection Committee (SPC), which takes place in Bucharest, at the Palace of Parliament. "It is a Social Protection Committee. Generally, the discussion revolves around the social assistance policy, cohesion, the European common value and so on.

Mandatory private pension funds register over 48 billion lei assets in January, increasing 17.1pct

The mandatory private pension funds had assets worth over 48 billion lei on 31 January 2019, increasing 17.1 percent from the level in the similar month of the previous year, according to the Financial Supervisory Authority (ASF). Securities hold the largest share within the assets, worth 30.37 billion lei, namely 63.2 percent.

PM Dancila tells Parliament Romania tops the rankings of EU's fastest growing economies

Prime Minister Viorica Dancila said on Friday in Parliament that Romania has recorded one of the highest economic growth rates of all the member states in the European Union and provided a state of the play in investment, local administration appropriations, as well as increases in pensions and wages.

PMP leader Tomac: Special pensions - a theft, hopefully they are scrapped

Chairman of the People's Movement Party (PMP) Eugen Tomac said on Wednesday that special pensions are a theft, commenting that it's incredible that someone with 30 years length of service collects a pension of less than 1,000 lei, while politicians who serve two or three terms in Parliament pocket as much as 13,000 lei in pension.

Mandatory private pension funds register over 47.6 billion lei assets in December, increasing 19.7pct

The mandatory private pension funds had assets worth 47.6 billion lei on 31 December 2018, increasing 19.7 percent from the level in the similar month of the previous year, according to the Financial Supervisory Authority (ASF).

Compared to the level of the assets in the previous month, of 48.18 billion lei, in December 2018 there is a decline of 1.2 percent.

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