Bulgaria’s 2026 Minimum Wage to Equal 50% of Average Salary
The minimum wage in Bulgaria for 2026 is expected to be calculated using the existing formula enshrined in the Labor Code, amounting to 50% of the national average wage
The minimum monthly pension in Bulgaria is to become BGN 155 in the middle of next year, while the maximum pension will be set at BGN 840. File photo
From July 1, 2014, all retirement pensions in Bulgaria will be increased by 3% under the Swiss rule.
This is included in the Bill for the budget of state social insurance, which is to be submitted for consideration to the Three-Way Council between the government, the trade unions and the business, reported Darik radio.
According to the text, the minimum monthly pension will become BGN 155 in the middle of next year, while the maximum pension will be set at BGN 840.
Beginning January 1, 2014, the State assistance for raising young children will be increased to BGN 340.
The government will further freeze the age and years of service for retirement, and will preserve the old regime for payment for sick leave.
Bulgaria continues to report one of the lowest unemployment levels in the European Union, maintaining a stable labor market despite broader economic pressures and the nearing adoption of the euro
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