Bulgaria’s Minister of Labor and Social Policy Georgi Gyokov proposes raising pensions as of July 1

Bulgaria’s Minister of Labor and Social Policy Georgi Gyokov proposes raising pensions as of July 1

The increase will follow the so-called “Swiss rule”. According to Minister Gyokov, all pensioners should also receive a monthly supplement to the tune of at least EUR 30.

“The best option is to update pensions on July 1 with a percentage that offsets inflation, for instance 10%, and give pensioners a monthly supplement of EUR 30 or slightly more that would replace the Covid-19 supplement”, Minister Gyokov further said. According to data of the National Statistical Institute, the annual inflation rate accelerated to 12.4% in March 2022.

Previous Next
Close
Test Caption
Test Description goes like this
Cookies Preferences
Choose Type of Cookies You Accept Using


These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.


These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.


These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.