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

Bulgarian pension system faces major demographic challenges

Photo: BGNES

This is the conclusion of NSSI experts, published in the first for the year Electronic Social Security Bulletin. Eurostat forecasts show that the population in Bulgaria will be declining and at the same time its age structure will continue to deteriorate.

Two years ago, there were 74 retirees per 100 socially insured persons, and it is estimated that in 2060, there will be 89 retirees per 100 employees.

Over the next 40 years, it is projected that as a result of aging, the number of employees will decline by nearly 38%. The share of people in retirement age will increase from 21% to 31% by 2070.




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

Patriarch Daniil

Patriarch Daniil: I accept the cross of the patriarchal ministry entrusted to me today

The enthronement of the newly elected Bulgarian Patriarch, Metropolitan Daniil of Vidin, is over. The new spiritual leader was welcomed in  St. Alexander Nevsky  Cathedral. The gathered laity chanted "Worthy" and applauded him.  ''Conscious of my..

published on 6/30/24 6:30 PM

Weather forecast: Temperatures to reach 38°C on Monday

It will be sunny on Monday. There will be light southeasterly wind in the eastern parts of the country. The hot weather continues with maximum temperatures between 33°C and 38°C, in Sofia - around 33°C. It will be sunny over the mountains...

published on 6/30/24 5:20 PM

Rumen Radev: The faithful need the unity of the church and leadership for the spiritual rise of the Bulgarian people

"The faithful need the unity of the church, the unity of Orthodoxy; they need leadership for the spiritual rise of the Bulgarian people", President Rumen Radev told journalists before the enthronement of the newly elected Bulgarian Patriarch Daniil in..

published on 6/30/24 4:08 PM