Social Security

NSSI: BGN 974.05 Is the Average Insured Income for the Country in July 2019

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.

Work underway to offer access to social security records

All employees will eventually be able to access their social security records online through a system called ATLAS or through the usual TXI system.

At present, only partial records can be found, including those insured with the IKA and OAEE pension funds since 1994 and farmers insured since 1998.

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. 

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