Social Security

Bulgaria’s Budget for 2024: Employers to Pay only the First Two Days of Sick Leave

Starting next year, employers will pay only the first two days of sick leave. This is one of the measures that the authorities are working on for the 2024 Budget, Finance Minister Asen Vassilev announced at the meeting of the Trilateral Cooperation Council. The social partners discussed the parameters of this year's financial framework.

EFKA has seven priorities scheduled

The planning of the Single Social Security Entity (EFKA) for the next few months provides for the closure of tens of thousands of pending issues.

Retroactive refunds to tens of thousands of insured persons, the cancellation of debts that have not been sought for 10 years, as well as "rebates" for payment of contributions are to be dealt with by this fall.

Cost of labor

The measures introduced by the government to support incomes were significant, however, they could make up for the high cost incurred by employers due to social security contributions.

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