Retirement Pensions in Bulgaria to Go Up by Average BGN 9

Finance | February 5, 2014, Wednesday // 11:34|  views

The Director of Bulgaria's National Social Security Institute (NOI), Biser Petkov, photo BGNES

Retirement pensions in Bulgaria will increase by BGN 9 on average effective July 1.

The information was reported by the Director of the country's National Social Security Institute (NOI), Biser Petkov, in an interview for Trud (Labor) daily.

The 3% increase has been slated in the State budget. Petkov explained that deflation registered for several months by the National Statistics Institute (NSI) would not lead to a reduction of the planned increase.

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Tags: Director, National Social Security Institute, NOI, Biser Petkov, National Statistics Institute, NSI, retirement pensions, increase, State budger, deflation


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