All social payments have been secured for next year with the extension of the current state budget, Bulgaria's Deputy Prime Minister for Social Policy Lazar Lazarov assured from the parliamentary rostrum. In response to the demand of the party "We..
After more than four hours of discussions, the MPs adopted at first reading the Social Security Act with 129 votes in favour, 92 against and no abstentions. Among the planned changes is the increase of the minimum wage from 650 (332.34 EUR) to..
The MPs approved, at first reading, the update of state social security which will allow pensions to be raised by 12.5% as of 1 October; 2021, for the smallest pensions there will be a special supplement which will push them up to the poverty line...
Almost one-third of the people who work in Bulgaria pay minimum wage social security contributions, or below, according to the National Social Security Institute. That is the reason why pensions in the country are low, they say. In April the..
From 2010 to 2019, Bulgarians' expenditures on healthcare and transport have increased twice. Expenses for taxes and social security contributions have tripled, national statistical data show . Last year, the average household tax and social security..
The deficit of the National Social Security Institute (NSSI) will decrease by 150 million euro in 2017 following the increase of pension security contributions by one percentage point and of retirement age and the work record needed for retirement..
