private pension funds

TEAM · 30. How serious is the threat to the eurozone? Deep apologies for the poor sound quality! From the next episode we hope to be able to record in more comfortable live conditions and the technical problems will be eliminated! In this episode we once again reviewed the most significant events in the financial world in …

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 …

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 …

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 …

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, …

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 ...

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 …

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 ...