Preparations for Changes to the Retirement System! Those Who Work Longer Will Have an Advantage.
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As details of the new social security reform, which will directly affect the future of millions of workers, emerge, a massive preparation is underway that will fundamentally change working life, from the wage calculation system to flexible working hours.
According to the targets in the 2027 Presidential Annual Program, the aim is to restructure the pension calculation system and improve the integration of flexible working models with the insurance system. The article "SGK's 2027 Reform Plan: Preparation for Regulations in Pension and Flexible Working Systems" first appeared on HaberX.
Work is beginning on comprehensive changes to the social security system. Plans include restructuring the pension calculation system, encouraging longer employment, and developing microinsurance programs for tradespeople and farmers. Here are the details...
The Ministry of Labor and Social Security will implement various regulations to expand the scope of the social security system, make it fairer and more effective, and strengthen its long-term financial sustainability.
Instead of changing the base pension system that produces low pension payments, the government is preparing to link supplementary payments to age, employment status, home ownership, and household income. Thus, the right to a pension, earned through years of contributions, is increasingly intertwined with a social assistance system dependent on income testing. The question of why the base pension is calculated so low remains unanswered. Everythin…
Important changes await Bulgarian pensioners and people who are about to retire in 2027. From January 1, higher requirements for age and insurance experience come into force, with the required experience reaching its legal maximum and will not increase any more. At the same time, the Ministry of Finance predicts an increase in pensions by about 8% from July 1 under the so-called Swiss rule. The changes are indicated in the official data and esti…
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