Recalculation of pensions from 1 October 2022.

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A new provision of the Social Insurance Code (SIC) has been created which
regulates the recalculation of pensions for work activity from 1 October 2022.
According to the provision, the following shall be recalculated from 1 October 2022:

Pensions for retirement and old age, pensions for invalidity due to
pensions for invalidity due to occupational accidents and
occupational disease, and military invalidity and
civil invalidity, if their amount, being more favourable, is
determined as for the occupational accident and disease pension
(personal and survivors), as well as widow’s allowances from such type of pensions;

work-related pensions, the amounts of which are calculated on the basis of
on the basis of the gross remuneration/insurance income of
persons and have an individual coefficient;

Work-related pensions granted with a starting date up to 31
December 2021 inclusive.

Pensions relating to employment which are not subject to recalculation as from 01.10.2022
granted after 31.12.2021, as well as non-work-related pensions (social
old-age pensions, social invalidity pensions, personal pensions, etc.).

The recalculation shall be carried out ex officio by the National Social Security Institute,
pensioners therefore do not need to apply.
According to the NSI, the number of pensioners who will receive the increase is 894 249. The
the largest group 236 813 pensioners will receive from 50 to 100 BGN increase, 224 485
216,005 people will have a pension increase between BGN 100 and BGN 200 and in the range of BGN 10 to BGN 50.
pensioners.