NSSI

Earlier this week, the new actuarial report of the National Social Security Institute (NSI) was released, with calculations and long-term forecasts for the state pillar of the pension system. To some extent, this report stirred up the spirits in the domestic media because it shows a serious deterioration in the financial condition of the state social security. Unfortunately, however, the comments …

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 …

This week, the latest actuarial report of the National Social Security Institute was released, which analyzes the current financial state of the pension system and forecasts future developments. The report says in plain text that there is not enough money for pensions, and the deficit in the National Social Security Institute will continue to grow in the coming decades until 2070. As a result of …

On October 12, a roundtable was held with the participation of the state, private funds, and experts, which was supposed to decide what the rules should be for paying the first pensions from the second insurance pillar, which is due to be in 2021. Or at least that's what they expected from the Association of Private Pension Funds, …

Every year, with the voting of each new state budget, the topic of pensions is invariably raised. This year, the debate has been extremely heated, even reaching the point of statements that the second pillar of the pension system is a pyramid scheme. However, anyone who claims such a thing is lying to you, or simply does not …

This week, a huge hysteria broke out in the public sphere regarding the payment of "second" pensions from mandatory private pension funds. It became clear that the amount of the combination of state and private pension may turn out to be less than if you take only the state one. And because no one explained what it actually …

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 ...

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 ...