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

Marta Kos (L) and Rosen Zhelyazkov, 17 April, 2025

Bulgaria supports EU enlargement depending on the candidates’ individual progress

Together with PM Rosen Zhelyazkov we discussed the EU plan for a new Black Sea strategy which the European Commission will present soon, announced EU Commissioner for Enlargement Marta Kos, who is paying an official visit to Sofia . EU..

published on 4/17/25 11:09 AM
Marta Kos

EU expects Bulgaria and North Macedonia to reach agreement on Bulgarian minority

In an interview with public service TV BNT, Commissioner for Enlargement Marta Kos, who is on a working visit to Bulgaria, stated that Ukraine and the Ukrainian people very much wanted to become part of the EU and that at this rate we can hope to see..

published on 4/17/25 10:53 AM

Bulgarian businesses expect 5%-30% drop due to new US tariffs: Survey

Half of the companies from the Bulgarian Industrial Capital Association say that the tariffs on the import of commodities announced by US President Donald Trump are not going to affect their businesses directly. One-third of the employers..

published on 4/17/25 9:28 AM

WEATHER
Pick city: Sofía
sunshine, cloud, rain and thunder
Min: 12 | Max: 21
Cloudy
Min: 9 | Max: 13
Cloudy
Min: 10 | Max: 14
sunshine, cloud, rain and thunder
Min: 12 | Max: 20
sunshine, cloud, rain and thunder
Min: 12 | Max: 18
Partly cloudy, chance of rain
Min: 12 | Max: 23
Partly cloudy, chance of rain
Min: 10 | Max: 20
Cloudy
Min: 8 | Max: 20
Mostly Cloudy
Min: 9 | Max: 23
sunshine, cloud, rain and thunder
Min: 12 | Max: 23
Occasional showers
Min: 12 | Max: 21
sunshine, cloud, rain and thunder
Min: 11 | Max: 19
Occasional showers
Min: 10 | Max: 21
sunshine, cloud, rain and thunder
Min: 11 | Max: 20
Occasional showers
Min: 11 | Max: 21
Occasional showers
Min: 8 | Max: 22
Mostly Cloudy
Min: 8 | Max: 24
Partly cloudy, chance of rain
Min: 11 | Max: 24
Cloudy
Min: 10 | Max: 24
Cloudy
Min: 9 | Max: 20
Cloudy
Min: 8 | Max: 19
sunshine, cloud, rain and thunder
Min: 10 | Max: 19
Cloudy
Min: 7 | Max: 22
Mostly Cloudy
Min: 8 | Max: 24
Mostly Cloudy
Min: 8 | Max: 24
Mostly Cloudy
Min: 7 | Max: 24
Cloudy
Min: 6 | Max: 22
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

Ministry of the Interior prepares for Easter with increased road checks and traffic enforcement

The Ministry of the Interior announced in a briefing that it is taking all necessary measures to ensure a smooth flow of traffic during the upcoming..

published on 4/16/25 3:31 PM

NFC launches digital platform to attract investment in film production

The Executive Agency National Film Center (NFC) has launched a new digital platform Filmcenter.bg . The portal facilitates free access for international..

published on 4/16/25 1:44 PM

Bulgarian businesses expect 5%-30% drop due to new US tariffs: Survey

Half of the companies from the Bulgarian Industrial Capital Association say that the tariffs on the import of commodities announced by US President..

published on 4/17/25 9:28 AM

english@bnr.bg

+359 2 9336 661

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