Bulgaria's Social Security Institute has United All its Electronic Services into Single Portal
The National Social Security Institute (NSSI) disclosed the rollout of a Single Portal for Electronic Services (SPES)
HOT: » Assessing the Legacy of Bulgaria's "Denkov" Cabinet: Achievements, Failures, and What Comes Next
The budget of the National Social Security Institute (NSSI) was adopted at first reading by Parliament.
77 of the 133 MPs present voted “for”. 19 of BSP deputies and 10 of DPS deputies were “against”. The Patriotic Front, who were “against” the draft budget during the debates, finally abstained excluding one.
According to the draft for the State Social Security (DOO) the amount of the installment for the Pensions Fund will be increased to 18.8% for people born before January 1, 1960 – 10.5% will be paid by the employer and 8.3% by the employee.
For people born after December 31, 1959, the proposed amount of social security contributions for the state Pensions Fund is 13.8%
The maximum social security income remains BGN 2,600.
As of January 1, 2017, the percentage for every year of social security length of service in the pension formula will increase from 1.1 to 1.126. Thus, as of July 1, 2017 pensions will increase by 2.4%.
As of July 1, the minimum pension for age and length of service will increase to BGN 165.25. The average pension is expected to reach BGN 341 in 2017.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
In order to protect the economic interests of consumers, there will be a period of double labeling of the prices of goods and services - in leva and in euros
As Bulgaria inches closer to joining the Eurozone, concerns arise over the implementation of rounded prices in euros, potentially impacting citizens' wallets upon adoption of the single currency
On a briefing held at the National Press Club of BTA, Nikola Ilchev, the creator and organizer of the Balkan eCommerce Summit, showed projections indicating a significant rise in Bulgaria's e-commerce sector
The Ministry of Finance in Bulgaria has revealed that the process to facilitate the exchange of levs with euros in the country will come with a hefty price tag, estimated to be at least BGN 500 million
As Bulgaria steers towards adopting the euro, economists dispel concerns over potential price increases, assuring the public that the impact on inflation will be minimal
The Ministry of Finance has released a draft law for public discussion concerning the adoption of the euro in Bulgaria. The primary aim of the proposal is to ensure a smooth and transparent transition to the European currency
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022