national social security fund

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National Social Security Fund

How Pension Payments Will Change for 150,000 Bulgarians

154,000 pensioners with smaller pensions because of insurance payed to a private pension fund will be able to ask the National Insurance Institute to recalculate their pensions next year, provided they transfer their money for a second pension to state insurance institution. However, only one-third of people will benefit from it, for the rest the pension received will not be higher.