Inside Bulgaria's Easter Celebrations: Traditions Passed Through Generations
Today marks the joyous celebration of Easter, one of the most significant holidays in the Orthodox Christian calendar.
As of today, the minimum pension becomes BGN 370 instead of the current BGN 300, and the maximum is increased from BGN 1,440 to BGN 1,500. From today the amount of labor pensions will be calculated with a higher weight of the insurance period. This will increase pensions by an average of 12.5 percent or by amounts between BGN 65 and 70.
After the changes come into force, the pensioners who receive the minimum amount of the respective type of pension will reach 1 million and 44 thousand people compared to 892,000 so far.
Those whose pensions are limited to the so-called ceiling will increase from about 27,500 to more than 34,000. To ensure equality between retirees, as of today, the NSSI will recalculate over 2 million occupational pensions and allowances, including seniority and old-age pensions, disability pensions, survivors 'pensions, and widows' allowances, starting from December 24, 2021 incl. In this recalculation, the high burden for each year and month of insurance experience without conversion will be applied.
People will start receiving the recalculated amounts of their pensions with the regular monthly payment for January 2022, but they will also be paid the difference between their old and new amounts for the seven days from 25 to 31 December 2021.
/BNR
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
The Kozloduy Nuclear Power Plant (NPP) in Bulgaria is set to embark on a significant transition as it begins the process of replacing Russian nuclear fuel with American fuel from Westinghouse
In a significant stride towards enhancing connectivity between Turkey and Bulgaria, the launch of direct flights between Istanbul and Sofia marks a milestone in air travel
As the clock ticks down to midnight tonight, Bulgarians are reminded that April 30th marks the final day for filing their 2023 personal income tax returns
Bulgaria's National Bank has disclosed the country's external debt figures, revealing a notable increase in gross foreign debt at the end of February 2024
In March, there was a significant uptick in Bulgarians traveling abroad, marking a 19.1% increase from the previous year, amounting to 679.1 thousand trips
Bulgargaz, the leading public gas supplier in Bulgaria, anticipates a notable decrease in the price of natural gas for the upcoming month of May. According to Lyudmila Vitanova
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022