Bulgaria Proposes 8-9% Pension Increase Starting July 2025
The caretaker government of Bulgaria has proposed an 8-9% pension indexation for July 1, 2025, as part of the draft budget for the State Social Insurance in 2025. According to the proposal, pensions for individuals who retire by December 31, 2024, will be updated based on a percentage determined by the Social Insurance Code. The exact increase will be set after inflation and social security income figures are finalized.
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