The Impact of Pensions for Insurance Experience and Age on the Social Insurance System
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Academic Publishing UNWE (AP-UNWE)
Abstract
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The period under review started in 2010, when the discussion of significant parametric changes in the pension system in Bulgaria began in order to improve it, resulting from the changed rates of economic growth, employment/unemployment, income, inflation, 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, Social insurance income, Pension, Insurance experience and age, Economic growth, G28 - Government Policy and Regulation, G52 - Insurance