Home » News » The maximum insurance income should be BGN 4,000, pensions – increased by 11% – 2024-09-03 13:17:43

The maximum insurance income should be BGN 4,000, pensions – increased by 11% – 2024-09-03 13:17:43

Photo is illustrative; dream BGNES

KNSB proposes that the maximum insurance income for 2025 be increased from BGN 3,750 to BGN 4,000. The proposal is in connection with the upcoming discussions on next year’s budget.

It is about an increase with the same percentage, by which the average annual salary for the country increases. Asya Goneva, the expert from the trade union and deputy chairman of the Supervisory Board of the National Insurance Institute, told the BNR.

The KNSB is also demanding an increase in the pension ceiling by 11 percent – by how much all other pensions under the Swiss rule were increased from July 1 of this year. This means that the maximum pension will reach 3,770, instead of the current 3,400 BGN.

“The maximum pension practically we should already think about its elimination or at least what we have been doing since July 1st every year, in the same way, with the same step, to move the maximum pension up as well. Because detention causes a negative attitude on the part of the people who are affected on the one hand. On the other hand, young people with high incomes, who are provided with maximum insurance income, would like to see a different perspective. Namely, to a much more generous pension at the end of their working career,” Goneva said.

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