pension system

In the third episode of the podcast "60 Minutes of Freedom!" Georgi Vuldjev, Stoyan Panchev and Kaloyan Pravov discuss the following topics: 0:37 - What is "Pension Reform for the Young"? Why did we at EKIP decide to launch a campaign for pension reform? What is the purpose of the virtual pension fund that we created? What do we aim for with the campaign as …

Our editor-in-chief Georgi Vuldzhev this week was a guest on the show "Resonance" on Eurocom TV with host Vasko Mavrikov. The topic of conversation between the two was another restriction on cash payments, Budget 2018 and the state of the pension system. Regarding the lowering of the threshold for cash payments adopted at first reading …

Budget 2018 is in fact just a worse version of Budget 2017. The government continues with the same vicious practices of higher spending in the absence of structural reforms and increases in the tax burden, which will worsen the business environment and hit the incomes of workers. And, of course, the biggest disappointment of …

The 2018 draft budget is a worse remix of the 2017 budget, which itself was pretty bad. So, the 2018 budget is downright tragic, in my opinion. This was said by economist Georgi Vuldzhev, from the Expert Club for Economics and Politics (EKIP), on the Boom & Bust show on Bloomberg TV Bulgaria with hosts Vladimir Sirkarov and Kuzman …

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 …

At the end of last year, the ruling coalition, led by the right-wing (in words) GERB party, introduced changes to the pension insurance law, which are not just not a step in the right direction, but a leap in the exact opposite. Due to the great economic importance of the negative reform, it is important to highlight some …

"I don't want to pay social security contributions while I'm working, and if I do, they should be as low as possible. I want to retire early and receive a large pension for many years." Although clearly devoid of any economic logic, this would be the dream pension system of a large part of the population. ...

The effects of the disastrous monetary and housing policies pursued by the American government in the early years of the new century became visible around 2008 with the so-called beginning of the financial (later economic) crisis. In law, the economic distortions had long been present, and what we observed after the bursting of the bubble was actually the experience …