The long-awaited roadmap for improving Bulgaria’s pension system – which was discussed throughout 2025 but which no one ever saw – is back on the agenda
The €1.4 billion returned to the state budget by the Bulgarian Development Bank (BDB) could be used for pensions, salaries, and investments
One opportunity for the development of the second and third pensions we receive from pension insurance companies is the introduction of a multi-fund system in Bulgaria
The key to improving the Bulgarian pension system lies in the grey economy and the undeclared billions in it. This opinion was expressed by Social Minister Borislav Gutsanov
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
Bulgaria's pension system is one of the most sensitive and exploited topics in public and political debate. It is often used as a convenient tool for manipulating public opinion
In 2024, the Bulgarian budget will supplement the pension system with over 5 billion euros and so it may be necessary to take on new debt
The sharp increase in pensions over the past three years has led to a huge deficit in the budget of the National Social Security Institute (NSSI)
