Employee Benefits in Bulgaria 2017
Summary
The National Social Security Institute (NSSI) is responsible for managing all the social security schemes in the Republic of Bulgaria. It administers mandatory social security schemes such as sickness, maternity, occupational diseases, workplace accidents, disability, old-age and survivor’s pensions. Irrespective of whether a person is employed, unemployed or self-employed, Bulgarians are covered under certain social security schemes. In Bulgaria, the
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- List of Tables
- Table 1: Insurance Industry Definitions 8
- Table 2: Bulgaria - Country Statistics 12
- Table 3: Bulgaria - Increase in Monthly Pension, 2009−2013 14
- Table 4: Bulgarian Retirement Benefits - First- and Second-Category Contribution 24
- Table 5: Bulgarian Retirement Benefits - Contributions by Self-Employed Individuals 24
- Table 6: Bulgarian Retirement Benefits - Third-Category Contribution 25
- Table 7: Bulgarian Retirement Benefits - Supplementary Compulsory Pension 25
- Table 8: Bulgarian
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- Table of Contents
- 1 EXECUTIVE SUMMARY 2
- 2 INTRODUCTION 8
- 2.1 What is this Report About? 8
- 2.2 Definitions 8
- 3 COUNTRY STATISTICS 12
- 4 OVERVIEW OF EMPLOYEE BENEFITS IN BULGARIA 13
- 5 REGULATIONS 14
- 6 STATE AND COMPULSORY BENEFITS 16
- 6.1 Retirement Benefits 19
- 6.1.1 Introduction 19
- 6.1.2 Eligibility 19
- 6.1.3 Age 20
- 6.1.4 Benefits 21
- 6.1.5 Payment Options 23
- 6.1.6 Employee and employer contributions 23
- 6.1.7 Taxation 25
- 6.2 Death in Service 26
- 6.2.1 Introduction 26
- 6.2.2 Eligibility 26
- 6.2.3 Benefit
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