The Impact of Pensions for Insurance Experience and Age on the Social Insurance System

Vladimir Valkov ()
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Vladimir Valkov: University of National and World Economy, Sofia, Bulgaria

Godishnik na UNSS, 2020, issue 2, 243–254

Abstract: The period under review started in 2010, when the discussion of significant para¬metric changes in the pension system in Bulgaria began in order to improve it, resulting from the changed rates of economic growth, employment/unemployment, income, infla¬tion, parameters and trends of demographic processes and their impact on the social insurance system and ends in 2018, with the inclusion of the latest changes in pension legislation and the available statistics on an annual basis. The article aims to show how the changes in recent years concerning the access to a pension for insurance experience and age and the determination of its amount have affected the number, amount and costs of pensions for insurance experience and age for the period 2010 - 2018.

Keywords: social insurance; pension; economic growth; social insurance income; insurance experience and age (search for similar items in EconPapers)
JEL-codes: G28 G52 (search for similar items in EconPapers)
Date: 2020
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