As you probably understood from the news, all pensions were increased by 5.7% today, and the maximum pension ceiling was raised from 910 to 1200 leva. In itself, for some, this increase is certainly a cause for joy. But in reality, it should be a cause for reflection. Because the latest actions …
More »TEAM in the media about the new pension formula and healthcare problems
The topics of the participation of authors from the EKIP in March concerned: social security, healthcare, religion. Editor-in-chief Georgi Vuldjev, in the news of bTV, shared his concern about the falsification of documents for receiving a pension. According to him, there is no archival information available about what insurance contributions individuals have paid and to what extent …
More »TEAM in the media about the pension system and the economic situation
Pension reform for the young is one of the leading campaigns of EKIP, which is why our experts are often invited by the media on this topic. In February, our editor-in-chief – Georgi Vuldjev – had important appearances on the topic on some of the largest television stations. At the beginning of the month, on the air of the morning block …
More »Georgi Vuldjev: There is no way to expect fair pensions from an unfair system
Our editor-in-chief Georgi Vuldjev was invited to the show "More of the Day" on BNT to comment on the latest changes in the method of calculating state pensions and the state of the pension system as a whole. Vuldjev got into an argument with Ivan Neykov, one of the architects of the current system, regarding its current financial state, …
More »What happened to the profitability of private pension funds?
In recent days, I'm sure you've come across a number of headlines announcing that the profitability of private pension funds has collapsed, disintegrated, collapsed, crashed, etc. You get the idea. Something scary and shocking has happened to the profitability of pension funds. This is neither too far nor too close to ...
More »The problem of private pension funds
The problem with private (mandatory) pension funds is that they don't make money. More precisely, they don't make money for their clients. They probably do for themselves, but the returns that people who insure themselves with them receive are almost non-existent or even negative. At least most of the time. This is a problem. Because …
More »Why is the pension system doomed and what is its real burden on workers?
In this article, I intend to shock you. I hope to achieve this by telling you in plain language that our pension system is practically bankrupt. And I will repeat it several times to get it into your head. Bankrupt and therefore in need of urgent reform – transition …
More »EKIP in the media about corporate tax, Budget 2019 and urban planning of Sofia
October was another month in which the TEAM actively participated in the public debate in Bulgaria. Our experts were sought after by the media on a variety of political and economic topics, and our report calling for the abolition of the corporate tax enjoyed particular interest. In the first week of October, the presentation of …
More »Ep. 10: What are the problems of the pension system in Bulgaria?
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 …
More »Why can't the state fulfill the demands of pensioners?
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 ...
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