Pensions will increase by 11% from July 1, and the rest is speculation (Video) – 2024-05-14 12:34:45

by times news cr

2024-05-14 12:34:45

From July 1, pensions will rise by 11%, not by 10% as given by the Swiss rule. We want to bring peace of mind to pensioners. We have never hesitated about what we should do, and I don’t know where this speculation came from. Maybe those who brought all this noise into the election campaign will calm down, said acting Prime Minister Dimitar Glavchev at a briefing in the Council of Ministers.

In 2021, the Swiss rule gave 4.8%, but the NOI Supervision accepted the stipulated 5%. This is not a precedent, explained the official social minister Ivaylo Ivanov.

On Friday, it became clear that the Supervision of the National Insurance Institute will consider on Tuesday a proposal for the final percentage of the July 1 update. According to the estimates in the DOO budget, the Swiss rule will raise pensions by 11 percent. According to the final data on income growth and inflation, 10% was obtained. Already this morning, the Minister of Social Affairs, Ivaylo Ivanov, announced that he is submitting a proposal for an 11% increase to the National Supervisory Authority of Ukraine. Before that, pre-election comments about how the caretaker government wanted to steal BGN 100 million from pensioners had already started.

The minimum will increase by BGN 57.53 to BGN 580.57 and this will lead to an increase in pensions that depend on it – social and disability.
Social security for old age will be BGN 307.07, and the ceiling will be BGN 3,400.

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