Social insurance
Government introduces pilot program for revised unemployment benefits
The Ministry of National Economy and Finance, in collaboration with the Ministry of Labor and Social Security, announced a new unemployment benefit system, which will be introduced on a pilot basis. This revised system replaces the current flat-rate benefit, which provides a fixed amount for a specific period regardless of salary history or years of employment.
Bulgarian Pensions: Proposed Adjustment to 10% from Initially Planned 11%
The scheduled increase in pensions from July 1 might be adjusted to 10% instead of the initially projected 11%, in line with the State Social Security budget for the current year. This potential alteration stems from the officially reported lower inflation rates compared to earlier forecasted estimates.
Social security contributions to increase by up to 4%
Increases in the social security contributions of freelancers, the self-employed and farmers are expected to end up at between 3.9% and 4% on an annual basis for next year.
Pilot transferring of jobless from one region to another
A pilot program to transfer unemployed workers to areas they are needed during winter will be introduced by DYPA, the Greek employment agency, Labor and Social Insurance Minister Adonis Georgiadis said on Open TV on Monday.
Workers to see salary hikes thanks to contribution reduction
Some 1,985,000 workers in the private sector will see salary increases early in 2021, as a result of the reduction of social insurance contributions that takes effect this Friday, January 1, Labor Minister Yiannis Vroutsis told Alpha Radio on Monday.
Moreover, several positive changes in the country's social insurance system are also in the pipeline, he added.
Average number of pensioners drops by 7,000 persons in Q3
The average number of pensioners was 5.125 million persons in the third quarter of 2020, decreasing by 7,000 persons over the previous quarter, and the average number of pensioners from social state insurance has reached 4.675 million persons, according to data of the National Institute for Statistics (INS) sent on Friday to AGERPRES.
Аverage Insurance Income For Bulgaria in February is BGN 860.14
The average insurance income for the country for February is BGN 860.14, the National Social Security Institute reports.
The average monthly insurance income for the period from 1 March 2017 to 28 February 2018 is BGN 832,60.
Average Insured Income For the Country in August 2017 is BGN 804.44
The average insured income for the country in August 2017 is BGN 804.44, the National Statistical Institute reported.
The average monthly insurance income for the country for the period from 01.09.2016 to 31.08.2017 is BGN 801.86.
Average Monthly Insured Income For the Country in July 2017 is BGN 811.75
The average monthly insured income for the country in July 2017 is BGN 811.75.
The average monthly insurance income for the country for the period from 01.08.2016 to 31.07.2017 is BGN 797.70, the National Statistical Institute (NSI) has reported.