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 …
More »The reflection of the ideas of the EKIP in the programs of the new parties
The Saturday immediately before election Sunday is usually marked as a “day of reflection.” But the Monday immediately after it is perhaps an even more important day of reflection. It is the day when, reviewing the election results, we can outline the ideological color of the new parliament in view of the political formations that have succeeded …
More »An alternative solution for the fate of the 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 …
More »The legacy of Vladislav Goranov
Vladislav Goranov has decided to become a lobbyist. This is the gist of the news that the former finance minister has decided to establish a consulting firm after his resignation from the GERB government. All doubts about a potential conflict of interest aside, hardly anyone can be seriously surprised by such news. Still …
More »The biggest threat to the second pillar of the pension system
The biggest threat to the integrity and the general meaning of the second pillar of pension insurance are the ideas to make it more "social" or "solidarity" on the model of the first (state) pillar. We must never forget that, in theory, the state and private pillars of mandatory pension insurance should complement each other. One …
More »EKIP in the media about pensions and health and tax reform proposals
In the midst of summer, our experts were sought after by the media on topics such as: healthcare, taxes and the tax system, pension system reform, stress tests of banks in the country. The month was marked by the extremely high activity of our health economist Arkadi Sharkov in the media space. In the program "Direct" on BulgariaOnAir television, …
More »Isn't it time to talk about Swiss-style pension contributions?
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 »How did our "Virtual Pension Fund" perform in its first year?
For over a year now, we at EKIP have been conducting a very interesting experiment. With the launch of the Virtual Pension Fund last year, we set ourselves the goal of illustrating what we mean when we talk about alternatives to the current pension system in Bulgaria. A system that, as you may know, we criticize extremely harshly. Because …
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, …
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EKIP– Expert Club for Economics and Politics A Different Opinion