pension model (2)

Personal Finances 09.7.2026 Author: Simona Gotsova

The current pension model in Bulgaria encourages the concealment of income

The current model of the Bulgarian pension system encourages income concealment and the non-payment of required social security contributions

Public Finances 26.6.2025 Author: Simona Gotsova

The current pension model carries the risk of tax increases in Bulgaria

Pensions are too dependent on taxes and fiscal policy, which can lead to debt and excessive budget deficits