ПРОГРАМИ
en de ru fr es sr gr al tr ro
Podcast in English
Share
Text size
Bulgarian National Radio © 2024 All Rights Reserved

NSSI proposes reforms to secure Bulgaria's pension system

In 2023, there will be 68 pensioners per 100 insured workers in Bulgaria. By 2070, the ratio is expected to be 78 pensioners per 100 insured workers. This information comes from a 2024 report by the National Social Security Institute, which forecasts the state of the pension system in 2070 in the face of an ageing population, increasing life expectancy and a declining number of contributors, according to online newspaper The Dnevnik.

To stabilise the pension fund, the institute proposes two options. The first option is to gradually increase the pension contribution rate for those born after 1959, starting in 2025. This increase would be one percentage point every five years and would reach 19.8% of insured income in 2045.

The second option is to change the formula for the annual pension adjustment, which currently takes place on 1 July. At present, pensions are increased by half the rate of inflation and half the growth in insured earnings from the previous year. However, if pensions were only adjusted for inflation, this would reduce pension costs in the medium and long term, according to the institute.

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.
Radio Bulgaria News    ageing demography nssi pensions

More from category

Ivan Vazov National Theatre in Sofia.

Rain and strong winds towards the end of the week

On Friday, lows will be between 10 and 15 degrees Celsius , 13°C in Sofia. Maximum temperatures will be between 26 and 31°C, 28° in the capital. During the day it will be sunny in central and eastern Bulgaria. In the west, there will be clouds and after..

published on 10/3/24 7:05 PM

Bulgaria faces referral to the ECJ for failing to comply with three procedures

The European Commission has formally warned Bulgaria, Estonia and Ireland to properly implement EU laws against racism and xenophobia, reports BNR correspondent Angelina Piskova. In its letter of formal notice, the European Commission says the three..

published on 10/3/24 4:59 PM
On February 1, 2024 the first helicopter of the Helicopter Emergency Medical Service arrived in Bulgaria.

Delivery of two medical helicopters delayed until next year

There is a further delay in the delivery of the next two air ambulances to Bulgaria, the Italian manufacturer has said in a letter to the Ministry of Health. In the letter, the contractor, Leonardo S.p.A., set new deadlines for the arrival of the..

published on 10/3/24 3:30 PM

WEATHER
Pick city: Sofía
Mostly Cloudy
Min: 13 | Max: 26
Partly Cloudy
Min: 15 | Max: 27
Partly Cloudy
Min: 15 | Max: 25
Overcast, rain
Min: 13 | Max: 25
Cloudy
Min: 16 | Max: 28
Partly Cloudy
Min: 14 | Max: 32
Partly Cloudy
Min: 13 | Max: 30
Partly Cloudy
Min: 13 | Max: 27
Partly Cloudy
Min: 15 | Max: 28
Mostly Cloudy
Min: 12 | Max: 28
Partly Cloudy
Min: 13 | Max: 30
Cloudy
Min: 15 | Max: 27
Partly Cloudy
Min: 13 | Max: 30
Mostly Cloudy
Min: 12 | Max: 28
Mostly Cloudy
Min: 13 | Max: 31
Partly Cloudy
Min: 13 | Max: 30
Partly Cloudy
Min: 13 | Max: 29
Partly Cloudy
Min: 13 | Max: 32
Partly Cloudy
Min: 15 | Max: 29
Partly Cloudy
Min: 13 | Max: 29
Partly Cloudy
Min: 6 | Max: 23
Mostly Cloudy
Min: 13 | Max: 28
Partly Cloudy
Min: 13 | Max: 29
Partly Cloudy
Min: 12 | Max: 28
Partly Cloudy
Min: 15 | Max: 31
Partly Cloudy
Min: 12 | Max: 28
Partly Cloudy
Min: 14 | Max: 30
BULGARIA IN PICTURES
Which world-famous Bulgarian artist designed QSL cards for Radio Bulgaria?
Yasen Gyuzelev
Theodore Ushev
Christo Javacheff - Christo
Ilia Peikov
Lika Yanko

BULGARIANS ABROAD

Български English Русский Deutsch Српски Français Ελληνικά Español Shqip Türkçe Română
MOST VIEWED

Prime Minister Glavchev: Currently there is no threat to the security of the country

At present, there is no information indicating a threat to the security of Bulgarian citizens. However, enhanced security measures have been taken in..

published on 10/2/24 7:20 PM

Daytime temperatures on the rise, no precipitation on Thursday

On Thursday , the minimum temperatures will be between 5 and 10°C, in Sofia 6°C.   The day's highs will be from 23°C to 28°C , in the capital it will..

published on 10/2/24 7:35 PM

Bulgaria Air cancels flights to and from Israel until October 15

Due to the official recommendation of the European Commission and the European Union Aviation Safety Agency (EASA), Bulgaria Air has canceled all..

published on 10/3/24 8:55 AM

english@bnr.bg

+359 2 9336 661

Общи условия за използване на сайта | Политика за поверителност | Политика за "бисквитки"