Bulgaria - Pension pay increases with 2.6% - August 31, 2016

The supervisory board of the National Social Security Institute (NOI) has decided to increase pensions by 2.6%. The minimum monthly pension becomes BGN 161.38, while the maximum retains its level of BGN 910. The increase of pensions is calculated as the sum of 50% of the growth of inflation and 50% of the average insurable income for the past calendar.

English: http://www.novinite.com/articles/175258/Pensions+in+Bulgaria+Increase … 

For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Willy De Backer wdebacker@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. Since June 2013 readers can consult our archive and search through all articles in our database at www.cbnarchive.euYou may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.

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