Christmas bonus

Mitsotakis at TIF: Which pensioners will receive increases and bonuses by year-end – support measures for families and the unemployed

From 2025, social security contributions will be reduced by one percentage point. This aims to provide businesses with the capacity to increase wages, in response to labor market shortages, with the goal of raising the average wage to €1,500 and the minimum wage to €950 by 2027, as per government commitments.

Pensions: 11+1 Changes from autumn – The mini pension reform bill to be presented in Parliament after the Thessaloniki International Fair (TIF)

Pension increases, lump-sum financial aid, reductions in deductions, “corrections for injustices,” and other significant changes will be promoted starting from autumn, benefiting large groups of pensioners.

Pensioners calling for permanent and higher annual allowance

Ljubljana – The Pensioners’ Trade Union has proposed the introduction of permanent and uniform annual allowance for pensioners to replace the current bonus set each year as part of a separate budget law. The union is proposing EUR 625 for all pensioners in 2023, significantly more than so far. The Labour Ministry has rejected the proposal.

Poorest Pensioners in Bulgaria Will Receive BGN 40 Christmas Bonus

The Bulgarian government allocates BGN 51 million for Christmas bonuses for the poorest pensioners.

Christmas bonus of 40 BGN will be given to each pensioner who receives less than BGN 363 BGN monthly pension, which is the new poverty line, BNR said on November 20, BNT reported.