Bulgaria Criminalizes Social Insurance Evasion

Bulgaria Criminalizes Social Insurance Evasion

Bulgaria will criminalize social insurance evasion as of the beginning of next year, representatives of the government, trade unions and business organisations agreed on Monday.

The so called Tripartite Council also agreed that as of the beginning of next year all pensions will be increased at the same rate, commensurately with the inflation rate, local daily Dnevnik reported.

Also as of the beginning of next year the social insurance contributions of civil servants will no longer be covered from the state budget but by the civil servants themselves, as their wages will be revised to provide for the difference.

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