Text size

National Insurance Institute reveals large-scale scheme for draining the Pensions Fund

published on 12/16/22 6:37 PM

National Social Security Institute

Photo: BGNES

Bulgaria's National Social Security Institute (NOI) has revealed a large-scale scheme to drain the Pensions Fund. It refers to false documents from closed enterprises, about dozens of people appointed to the same position, about signing employment contracts with dead people.

The most drastic case is related to certificates of the state company Stroimashinengineering, declared bankrupt in 1997, deleted from the registers in 2012 and declared to be the legal successor of another state company. Thus, in the period 2012-2017, more than 350 false applications for granting or recalculating pensions were submitted in the capital with attached employment records and unrealistically high incomes entered in them.

With the disclosure of the scheme, particularly large damages have been prevented, considering the long-term payments, for which several million BGN are needed annually.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News employment National Insurance Fund pensions

More from category

General Directorate Combating Organised Crime neutralises criminal group involved in tax crimes

During an operation of the General Directorate Combating Organised Crime under the leadership and supervision of the Sofia City Prosecutor's Office and the National Revenue Agency, a criminal group involved in tax crimes and money..

published on 2/21/25 11:30 AM

Unfair trade practices are the cause of high food prices

A list of over 10 unfair trade practices that must be stopped will be handed over to representatives of all parliamentary groups. Among them are high mark-ups, hidden fees of retail chains, inequality between Bulgarian and imported..

published on 2/21/25 9:49 AM

International Fair Plovdiv hosts EU food safety conference

In Plovdiv, experts discuss issues of the food industry, in accordance with the most up-to-date requirements of the Bulgarian and European regulatory framework. The Union of Food Industry is the organizer of the 14th National Scientific and Practical..

published on 2/21/25 9:01 AM