From today, all occupational pensions awarded until 31 December 2021 will increase by 10 per cent.

The so-called will be added to their increased size.

covid supplements of BGN 60, as well as the individual amounts representing the difference between the pension income in December 2021 and the pension income in January 2022. 

The supplements of BGN 60 will be included in the amount of pensions for labor activity granted from January 1 to June 30, 2022, as well as those that will be granted after July 1.

The minimum pension for length of service and age will increase to BGN 467 - including BGN 60.

The maximum pension becomes BGN 2,000. 

As a result of the changes, the average pension is expected to increase to BGN 666 in July.

The social pension for old age becomes BGN 247. The change will lead to an increase of over 45% in the pensions of 50,200 disabled children and adults who receive a social disability pension.

By law, its amount is determined depending on the social pension for old age.

For people with permanently reduced working capacity/type and degree of disability 100% with certain foreign assistance, the social disability pension will increase from BGN 272 to BGN 395.20. For people with permanently reduced working capacity/type and degree of disability from 91 to 100%, its amount will increase from BGN 238 to BGN 345.80. For people with permanently reduced working capacity/type and degree of disability from 71 percent to 90 percent, the social disability pension will increase from BGN 221 to BGN 321 BGN 10

The increase in the social old-age pension will increase the size of all non-work-related pensions.

Among them are military and civilian disability pensions and personal pension.

The amounts of statutory pension supplements, which are received by nearly 65,000 people, will also increase.

The supplement for foreign aid for pensioners with permanently reduced working capacity/type and degree of disability over 90 percent, who constantly need foreign aid, is increased from BGN 127.50 to BGN 185.25.

The National Insurance Institute will do everything possible to ensure that pensioners receive the increase in their pensions between July 7 and 20, when it is the usual period for their payment.

If this does not happen, all pensioners will be compensated later in July or in August and the difference up to the higher amount will be paid to them, Labor and Social Policy Minister Georgi Gyokov said this week. 

The increased pensions should be paid at the beginning of July, the resigned Finance Minister Asen Vassilev told journalists in the National Assembly yesterday, after the parliament voted on the final updated state budget.

The increased pensions were calculated by NOI according to the government's project, which was adopted by the parliament, so they should be paid normally at the beginning of July, he explained.

NOAH

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