ПРОГРАМИ
en de ru fr es sr gr al tr ro
Podcast in English
Share
Text size
Bulgarian National Radio © 2025 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

Warm weather, rain showers in the afternoon expected on Sunday

On Friday, minimum temperatures will be from 5 to 10°C. In Sofia, it will be around 5°C. Sunny weather will prevail during the day. Cumulus clouds will develop in the afternoon and in places, again mainly in the mountainous regions of Western and..

published on 5/1/25 5:35 PM

Bulgarian military intelligence sees Russia as a destabilizing force

Russia remains the main destabilizing factor in international security, it is emphasized in the report of the Military Intelligence Service for 2024, reports BGNES. The overview notes that the global security environment is characterized by the..

published on 5/1/25 4:11 PM
Dimitar Manolov, chairman of Podkrepa Trade Union

A quarter of the country's workers do not have or do not want an employment contract

25% of workers are without an employment contract, the fight against the shadow economy should be a top priority for the state. This was stated on the occasion of Labor Day on May 1, Social Minister Borislav Gutsanov in Varna. For the minister, it is..

published on 5/1/25 4:01 PM

WEATHER
Pick city: Sofía
Mostly Cloudy
Min: 6 | Max: 24
Partly Cloudy
Min: 7 | Max: 15
Partly Cloudy
Min: 6 | Max: 14
Partly Cloudy
Min: 9 | Max: 25
Mostly Cloudy
Min: 11 | Max: 23
Mostly Cloudy
Min: 7 | Max: 24
Mostly Cloudy
Min: 7 | Max: 24
Mostly Cloudy
Min: 7 | Max: 22
Partly cloudy, chance of rain
Min: 6 | Max: 22
Mostly Cloudy
Min: 4 | Max: 23
Mostly Cloudy
Min: 9 | Max: 23
Partly Cloudy
Min: 10 | Max: 24
Mostly Cloudy
Min: 6 | Max: 24
Partly cloudy, chance of rain
Min: 4 | Max: 20
Mostly Cloudy
Min: 8 | Max: 24
Mostly Cloudy
Min: 5 | Max: 23
Mostly Cloudy
Min: 7 | Max: 23
Mostly Cloudy
Min: 10 | Max: 24
Mostly Cloudy
Min: 8 | Max: 24
Partly cloudy, chance of rain
Min: 5 | Max: 22
sunshine, cloud, rain and thunder
Min: 3 | Max: 16
Partly cloudy, chance of rain
Min: 5 | Max: 21
Mostly Cloudy
Min: 5 | Max: 23
Mostly Cloudy
Min: 6 | Max: 22
Partly cloudy, chance of rain
Min: 7 | Max: 23
Mostly Cloudy
Min: 6 | Max: 21
Mostly Cloudy
Min: 4 | Max: 21
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

The United States and Bulgaria to deepen cooperation in defense and energy

The United States is a key strategic partner and NATO ally, with whom we will continue to work together to achieve our common goals — energy security,..

published on 4/30/25 8:52 AM

Bulgaria’s President gets into a dispute with the leader of GERB over new F-16 jets

GERB Leader Boyko Borissov and President Rumen Radev got into a dispute in the media over the country's new F-16 fighter jets, the first of which is..

published on 4/30/25 6:25 PM

16 EU countries, including Bulgaria, will increase defense spending through higher budget deficit

16 EU countries will ask to be allowed to temporarily not apply the rules on budgetary stability in order to be able to make defense spending. Bulgaria..

published on 5/1/25 9:43 AM

english@bnr.bg

+359 2 9336 661

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