PAC “Doverie” is the only pension insurance company in Bulgaria, which, for the third consecutive year, increases all lifetime and deferred pension payments to its clients and by a percentage higher than the annual inflation*.
The update rate for the period from 1 April 2023 to 31 March 2024 for the Fund for Life-long Pension Payments Doverie (FLPP) is 7.76% and for the Fund for Deferred Payments Doverie (FDP) is 11.67%.
The increase will take effect from 1 April and the payment, as before, will be made between the 10th and 15th of the month.
The total increase in the first lifetime pensions granted, by the FLPP, from October 2021 to date reaches 28.63%.
PAC “Doverie” is the preferred choice for 1 million and 250 thousand clients and manages net assets of over BGN 5.6 billion**. The company is part of Vienna Insurance Group, a leading insurer in Central and Eastern Europe with more than 32 million customers.
*Inflation measured in HICP, last published by the NSI, as of end-February 2024.
** Based on data of the FSC as of 31.12.2023