Pension system

0:35 – Presentation of the topics of the episode 3:05 – How did the EKIP Virtual Pension Fund perform in October? 07:15 - Topic of the episode: The problems of the pension system in Bulgaria and how they affect the financial situation of each of us 49:00 - Answers to questions about investing in ETFs on …

A protest by a number of pensioner organizations, supported by President Rumen Radev, was held in front of the Council of Ministers today, with demands that generally converge towards one common one - an increase in pensions. In more detail, the main demands of the protesters are 5 - higher indexation of pensions, removal of the pension ceiling, the creation of a law ...

Pension funds have achieved nearly 4.5% profitability in recent years, and the government plans to oblige insurers under the voluntary pillar to provide forecasts for future pensions. Is there light at the end of the tunnel and what kind of pensions will we receive in 5, 10 or 20 years? These are the topics that our editor-in-chief Georgi …

Original publication of the interview: Frognews.bg - Mr. Vuldjev, everyone has heard about the hole in the pension insurance system in Bulgaria. How big is this hole actually to date and what does this mean? - The budget of the National Social Security Institute for 2018 includes a deficit of nearly 4 billion leva for the Pensions Fund, which ...

|Full text of the analysis| The state pillar of the pension system in Bulgaria is in a state of practical bankruptcy. The situation is so critical that for working Bulgarians, who are currently in their 30s or 20s, most likely there simply will not be money to pay their pensions when …

Opinion* To: Bulgarian Libertarian Society Subject: The creation of common technical pools in private insurance funds and the elimination of individual accounts during the payment period and the right of inheritance for second pensions according to the draft Law on Amendments and Supplements to the Social Security Code published by the Ministry of Finance of the Republic of Bulgaria …

Last time before Christmas, this time before Easter, there is apparently some connection between the pension reforms of the Ministry of Finance and the biggest Christian holidays. A week before Good Friday, the Ministry of Finance published a bill for an extremely radical reform of the second pillar of pension insurance. According to Minister Goranov, this reform would solve the problem of serious …

Close your eyes and start imagining. Imagine that you have been working for years and conscientiously paying taxes and social security contributions, although at certain times you do not like how the state disposes of them. Despite everything, you continue to believe that things will get better. Imagine that you are putting money into your own …

In the middle of last week, it became clear that, as almost every year, unions and employers have reached an agreement to increase the amount of social security contributions. It will affect 39 industries, employing 956 thousand people. Social Minister Ivailo Kalfin indicated that the remaining industries have a deadline to agree on their increase by …

Often, when something in the economy or politics of their home country is bothering them, Bulgarians start comparing themselves to the countries of Western Europe and the United States, which are supposedly considered models of the good life. However, the Western world has changed a lot in the last few decades, from a symbol of capitalism and ...