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

Rain in the east, temperatures back to early spring levels 

On Saturday, minimum temperatures in the country will be between 2 and 7°C, in some valleys in the south-east 0°C, in Sofia 2°C. During the day there will be cloudy weather with heavy precipitation in the eastern areas. In the western part of the..

published on 4/19/24 7:05 PM
Zhecho Stankov

Agreement between Bulgargaz and Botas enters parliament

At an extraordinary meeting, the National Assembly examines the report of the temporary parliamentary committee on the agreement between the state gas supplier Bulgargaz and Turkish energy company Botas.  However, the conversation moved into the..

published on 4/19/24 6:11 PM
Stefan Dimitrov

Foreign Minister remains in office until dismissed by the president

Caretaker Minister of Foreign Affairs Stefan Dimitrov stated that he remains in office until there is a presidential decree for his release. We recall that his replacement was requested by the caretaker PM Dimitar Glavchev a week after taking..

published on 4/19/24 5:52 PM