They are freezing the update of pensions under the so-called “Swiss rule“ for this year. Instead, they will be increased by 5 percent from July.
This is what the draft budget of the State Social Security for 2025 provides.
This was revealed by bTV.
The 5% increase is calculated as the sum of 20% of the increase in insurance income and 80% of inflation for 2024, the draft says.
For comparison, under the “Swiss rule“ 50% of the increase in social security income and 50% of inflation are taken into account.
According to preliminary data, with an update under it, the growth would have been greater - namely by 8-9%.
However, the draft budget proposes that the “Swiss rule“ not apply to 2025, and instead the growth should be according to another rule, ensuring 5% growth.
Until April 1, the minimum and maximum social security income are preserved. After this date, they are increased - the minimum becomes 1077 BGN. And the maximum - 4130 BGN.
The amount of maternity leave in the second year of the child is preserved - 780 BGN. Unemployment benefits will also remain unchanged.
In the draft social security budget, the government states that from January 1 to June 30 this year, the minimum pension for seniority and age will remain at 580.57 leva, and from July 1 it will be at 609.60 leva - or an increase of 29 leva and 3 stotinki.
However, the minimum social security income for the self-employed will increase from April 1 this year - to 1,077 leva, the same as the minimum wage.
Also from April 1, a new higher amount of the maximum social security income will be determined - to 4,130 leva.
There are no plans to change the amount of the benefit for raising a child up to two years of age and a child up to 8 years of age by the father - the amount remains at 780 leva.
Retained the one-time benefit upon the death of an insured person - at 540 leva, BNR recalls.
There is no change in the minimum daily amount of unemployment benefit of 18 leva, as well as the maximum daily amount - 107.14 leva.
What the government plans is for the expenses of the National Social Security Institute to be just under 27 billion leva, which is about half a billion leva less than was envisaged in the budget developed by the caretaker government.
It is planned to pay 23.69 billion leva for pensions.
Tomorrow, the Supervisory Board of the National Social Security Institute will consider the proposals.