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

Changeable weather with sunny spells, clouds and rain showers

On Sunday there will be more sunny hours before noon, with rainfall mainly in the south-eastern regions. In the afternoon there will be rainfalls over the western and central regions of Bulgaria. The lowest temperatures will be..

published on 9/14/24 6:05 PM
Istanbul

The school year has already started for the Bulgarian school in Istanbul

On September 14, the school bell rang for 65 students and teachers at the Bulgarian Sunday school "Sts. Cyril and Methodius" in Istanbul. In the Bulgarian Exarchate, which houses the only Bulgarian school in the metropolis, a..

published on 9/14/24 5:46 PM
Monument to Ivan Mihaylov in Blagoevgrad

Monument to Ivan Mihaylov unveiled in Blagoevgrad

A bust-monument of the leader of IMRO, Ivan Mihaylov, was unveiled in the City Garden of Blagoevgrad. The bust is the work of sculptor Alexander Haitov. The funds for the monument were raised by an initiative committee. The memorial..

published on 9/14/24 5:15 PM