From this year, women will retire at the age of 61 years and 10 months and insurance experience of 36 years and 2 months. Men will need 64 years and 5 months, as well as 39 years and 2 months of experience.
This year’s poverty line rises to BGN 413.
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Parents who have not used the tax relief for children through their employer can do so in the new year through their annual tax return. For one child the discount is up to BGN 450, for 2 – up to BGN 900, and for three and more – BGN 1,350.
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For the first time in years since January 1, the minimum wage remains unchanged.
Although the salary could be increased without an adopted budget, with a government decree, it remains frozen.
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Stilian Stoyanov works as a car controller in a paid parking lot for a minimum wage. He is disappointed that there will be no change in its size from today, although in the last months of last year there was talk of an increase:
“Naturally, I am disappointed, with this inflation… BGN 50 should be at least to cover inflation,” he said.
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The unions are adamant – the growth of the minimum wage is mandatory against the background of high inflation.
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The minimum must correspond to the maintenance salary – ie. the value we need to meet our basic needs – I’m talking about household expenses, electricity, bills, basic goods and services we consume every month – currently the net value of ice in Bulgaria does not allow it, “explains Lyuboslav Kostov of CITUB.
However, employers believe that the frozen salary helps businesses against the background of the difficulties that companies are experiencing due to the covid epidemic and rising energy prices.
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“Against the background of increasing values of raw materials for electricity throughout the supply chain, if we have zero year of increase in the minimum wage, this is a breath of fresh air for many companies,” said Maria Mincheva of BIA.
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Still, Stilyan hopes that with the adoption of the budget, an increase in the minimum wage will be approved.
For him, however, the hope remains that with the adoption of the budget it is possible to bet on an increase in the minimum wage.
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