The Supervisory Board of the National Social Security Institute (NSSI) adopted an 8.6% update of pensions

At its meeting today, the Supervisory Board of the National Social Security Institute (NSSI) reviewed the draft Law on the State Social Security (SSS) Budget for 2025. The draft law reflects the parameters of the social security policies planned for this year in the country. At the meeting, the Governor of the NSSI Ivaylo Ivanov proposed that the update of pensions from July 1 this year be by 8.6 percent, that is, in the application of Art. 100 of the Social Security Code (SSC) - the so-called “Swiss rule“, the press center of the social security institute reported.
In exercise of their powers under the CSR, the members of the council familiarized themselves with the legal changes set forth in the document, supporting the proposal made by the Governor of the National Social Security Institute and deciding that the Supervisory Board of the National Social Security Institute approve the proposed draft budget.
The draft law is pending coordination in the National Council for Tripartite Cooperation, its adoption by the Council of Ministers and its final vote in the National Assembly.