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.
Parliament confirms latest stimulus law
Ljubljana, – The National Assembly passed in a 50:7 vote late on Tuesday the government’s latest economic stimulus package. Measures to help business and income support for households are valued at up to 600 million.
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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.
End of early retirement in sight
Next year will see the closing of loopholes opened in the summer of 2015 and leading to the retirement of many workers on more favorable terms, before reaching the general retirement age of 67.
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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
EFKA suffering due to its antiquated structure
Thousands of retirees who have submitted pension applications are forced to wait for months or even years to get their monthly benefits.
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All School Students of 1st and 8th Grades Eligible for One-off Aid of BGN 300 in 2021
All students enrolled in first and eighth grades will receive a one-off aid of BGN 300. This was decided by parliament at adopting texts of the State Budget Bill for the following year at second reading.