Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

The economy is increasingly relying on retirees

Elderly people are increasingly becoming a valuable asset on the labour market, said Minister of Labour and Social Policy Biser Petkov in parliament today.

According to National Social Security Institute data, at the end of 2018 there were over 197,000 pensioners receiving retirement pensions who continue to work and pay social security contributions, Minister Petkov said. The increase in the employment rate among elderly persons has been a consistent trend since 2012.

According to the National Statistical Institute the employment rate among people aged 55 to 64 has gone up by 15 percent – from 45.7 percent in 2012 to 60.7 percent in 2018.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Japanese hotels to promote Bulgarian cuisine

From the beginning of May until 12 July 2024, six hotels of the HULIC hotel chain in Japan, in cooperation with the Bulgarian Embassy in Tokyo, are once again organising a festival of Bulgarian cuisine , the diplomatic mission there announced on..

published on 5/21/24 4:41 PM
Caretaker Agriculture Minister Georgi Tachov (R) EU Agriculture Commissioner Janusz Wojciechowski, Sofia, 21 May 2024.

Agriculture Minister: Green Deal standards must be respected by third countries

Green Deal standards must be met not only by EU member states, but also by non-EU third countries using the European market.  This proposal was made by caretaker Agriculture Minister Georgi Tachov to EU Agriculture Commissioner Janusz Wojciechowski,..

published on 5/21/24 3:07 PM

Bulgaria sends 100-strong contingent to KFOR in Kosovo

A new Bulgarian military contingent has been sent to Kosovo in a ceremony in Blagoevgrad. More than 100 Bulgarian military personnel are joining the Operational Reserve Force (ORF) of the NATO Stabilisation Force in Kosovo (KFOR). Bulgaria now has about..

published on 5/21/24 2:06 PM