second pension pillar

Six years ago, on a pre-holiday December evening, hundreds of Bulgarian citizens protested in the center of Sofia against the nationalization of the second pillar of the pension system. A group of enthusiasts organized this happening under the slogan "Hands off pensions" to protect the private, real savings of every working citizen of ours. By …

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 …

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 ...

For the Christmas and New Year holidays, the government decided to give us a "small" surprise. In just a week, controversial changes to the Social Security Code (SSC) were voted on without any public debate or preliminary assessment of the impact of the adopted regulatory texts. Many question marks, disappointments and future economic shocks were tried by the government ...