National Social Security Institute (3)

Social security revenue is slowing, while pension expenditures are accelerating

Growth in social security revenue in the State Social Security Fund (SSSF) budget slowed in May, while pension expenditures continued to rise

After modernization: Pension expenditures increased by BGN 1.5 billion in July

Pension expenditure reached BGN 13.6 billion in July. It increased by BGN 1.5 billion, or 12.4% on an annual basis, according to data from the National Social Security Institute

The Bulgarian National Social Security Institute will pay out January pensions, although the amounts are unclear