Bulgaria ’s pension system stands at a critical juncture as the country prepares to join the Eurozone in 2026. This transition will bring pensions denominated in euros instead of leva , prompting questions about the system’s future stability amid demographic shifts and budgetary pressures. Our analysis explores the structure of Bulgaria ’s pension scheme, current challenges, and projections looking ahead to 2070. The Bulgarian pension system consists of three pillars. The first pillar is the