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

Serious traffic accident involving National Service for Protection car near Aksakovo

A National Service for Protection (NSP) car was involved in a serious traffic accident at 5.30 PM on 17 May near the town of Aksakovo. Kiril Petkov, co-chair of We Continue the Change party (PP) and former prime minister was travelling in the NSP car,..

published on 5/17/24 9:23 AM
Port Rosenets

Constitutional Court confirms termination of Lukoil’s concession of oil port Rosenets

The Constitutional Court has rejected the request by President Rumen Radev to rule that the termination of Lukoil’s concession of oil port Rosenets is unconstitutional. Parliament adopts fast-track procedure to terminate Lukoil's concession..

published on 5/17/24 9:01 AM

Fascination of Plants Day at Sofia University’s Faculty of Biology

The Fascination of Plants Day is to be celebrated today at the exhibition hall of the Faculty of Biology of the St. Kliment Ohridski university in Sofia. Students, lecturers and researchers will hold demonstrations and provide fascinating..

published on 5/17/24 8:10 AM