No Final Decision Reached on Pension Reform

No Final Decision Reached on Pension Reform

Bulgaria's government, employers and trade unions have not reached an agreement on the social contributions payment and the steps to overhaul the country's pension system.

Only the increase in the social contributions payment by 1.8% was agreed during Sunday's debate. A new meeting of the National Council for Tripartite Cooperation will be held Tuesday.

A consensus has not been reached on the number of years people have to work before drawing a full pension starts to increase by four months as of 2013, as the government proposed, or 2015, as the trade unions demand.

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.