Pension

PM Dancila says budget revision, positive, secures wage pay, continuation of investment

The budget revision the Government is expected to pass today in a meeting is a positive one that will secure all the appropriations for the payment of salaries, pensions and social allowances, for the proper operation of all public institutions, as well as for the continuation of investment projects in priority areas, according to Prime Minister Viorica Dancila.

PM Dancila: This year's first budget rectification is positive

Prime Minister Viorica Dancila said on Thursday, at the beginning of the Government meeting, that the first budget rectification of this year is positive, a rectification that ensures "increased payment of salaries and pensions and the continuation of the investment projects in priority areas." "We are discussing in the Government meeting today the first budget rectification this year.

Problematic legacy

The previous government's omission to place a cap on pensions shows that the so-called Katrougalos law on social security (named after former labor minister Giorgos Katrougalos, who introduced it) was haphazardly drafted.

This is after all why many of its clauses, so many years after it was passed in Parliament, remain unenforced. 

NSSI: The Average Insured Income for Bulgaria in May 2019 is BGN 980.76

The National Social Security Institute declares that the average insured income for the country for May 2019 is BGN 980.76.

This was announced by the NSSI press centre.

The average monthly insured income for the country for the period from 01 June 2018 to 31 May 2019 is BGN 928.94.

Pages