Bulgarian Pensions: Proposed Adjustment to 10% from Initially Planned 11%

The scheduled increase in pensions from July 1 might be adjusted to 10% instead of the initially projected 11%, in line with the State Social Security budget for the current year. This potential alteration stems from the officially reported lower inflation rates compared to earlier forecasted estimates.

According to information from BNR, this proposal is outlined in a draft decision of the National Social Security Institute's Supervisory Board, with a scheduled meeting set for May 14....