Bulgaria to Increase Pensions by Nearly 10% in 2025

Coronavirus

Pensions in Bulgaria will be increased by 9.6-9.7% from July next year, as per the Ministry of Finance's latest estimates, which are in line with the Swiss indexation rule. Initially, experts had predicted a smaller increase of 8.7%. As a result, the minimum pension is expected to rise to approximately 636-637 leva. The Ministry of Finance also confirmed that the COVID supplement will continue to apply to newly granted pensions next year. This follows an analysis conducted by the Ministry of

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Bulgaria to Increase Pensions by Nearly 10% in 2025 http://www.novinite.com - 20.11.2024 17:03

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Bulgaria to Increase Pensions by Nearly 10% in 2025 http://www.novinite.com - 20.11.2024 17:03