Social Security

Pensioners' organisation: Inflation-pegged pension rises will drive retirees below poverty line

The "Unirea" National Federation of Romanian Pensioners (FNUPR) calls out Labor Minister Raluca Turcan over the gap between the planned pension pegging to inflation (2 - 3 percent) and the rapid surge of food, medicines and utility prices by 10 - 20 percent, which will bring pensioners below the poverty line.

Bulgaria’s National Revenue Agency Reports BGN 25 Million Inflow

Nearly BGN 25 billion has flown into the National Revenue Agency (NRA) in 2020, which is over BGN 700 million more than planned and BGN 1.1 billion more than the previous year 2019, the agency reported.

Despite the Covid crisis, businesses and citizens have diligently paid taxes and social security contributions, the agency said.

Bulgaria: Increase of Minimum Salary and Pensions from Today

From January first  minimum salary is BGN 650 - increase with BGN 40. Salaries for government officials will be increased by 10%.

 For the entire 2021, funds are planned to ensure a 30% increase from 1 August 2020 in the salaries of the administrations, which are charged with activities to control the pandemic and the consequences of COVID-19.

New economic stimulus package adopted, focus on income support and aid to companies

Ljubljana – The government adopted on Saturday a new economic stimulus package. Direct income support for groups including pensioners, students and those with the lowest wages is planned along with aid for companies. Finance Minister Andrej Šircelj said the package is estimated at around EUR 550 million.

Average number of pensioners drops by 7,000 persons in Q3

The average number of pensioners was 5.125 million persons in the third quarter of 2020, decreasing by 7,000 persons over the previous quarter, and the average number of pensioners from social state insurance has reached 4.675 million persons, according to data of the National Institute for Statistics (INS) sent on Friday to AGERPRES.

Bulgaria: What Economic Measures Does Cabinet Take to Mitigate Pandemic Impact

More than BGN 1.2 billion was allocated hitherto for employment and social inclusion for dealing with the consequences of the Kovid-19 pandemic in Bulgaria, said Minister of Labor and Social Policy Denitsa Sacheva at the meeting of the Monitoring Committee of the Operational Program "Human Resources Development", which discussed the progress and amendment of the program, the Ministry press offi

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