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Women’s lower salaries make for lower pensions

Photo: Ani Petrova

Women in Bulgaria have been hit harder by inflation because their average earnings are lower, Plamen Dimitrov, President of the Confederation of Independent Trade Unions in Bulgaria said, addressing the international women’s day national conference “Equality between men and women and working conditions”.

“Inflation has reached a 24-year high, it is now close to the inflation rate we thought we had forgotten about,” Plamen Dimitrov said, and added that prices will begin to go down when there is deflation. That is why incomes must go up and outpace inflation, he said.

Statistics show that women’s average salary is 15.5% lower than men’s because women tend to work in low-paid sectors, and this affects the size of their pensions.

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