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The government is also discussing this option.
Recalculation can be done by changing the individual coefficient
The idea is from CITUB
Retirees with more experience to receive the largest pension increase is one of the ideas that the government will discuss with the coalition partners. The proposal is for CITUB, which has already announced that it insists that the recalculation of pensions be done by increasing the contribution / coefficient, which is now 1.2, for each year of insurance. The reason is that it takes into account the insurance contribution of each pensioner.
One of the options being discussed is the union’s proposal to recalculate all pensions by changing the individual coefficient to preserve the solidarity and fair model of social security in our country, said the Minister of Labor and Social Policy, Denitsa Sacheva. When asked which option he prefers, Sacheva commented that he considers a good model, which is related to the indexing of the individual coefficient, and to continue with the agreement with the unions and employers on the Swiss rule. According to the minister, in this way people will be encouraged to ensure their real income and everyone must realize that the pension is a substitute income that takes into account the personal contribution.
The other options that are being discussed are to continue with the payment of the BGN 50 supplement for all pensioners. Another idea, as Trud wrote, is to recalculate pensions before 2015 with income from 2015, and in this situation 1,100,000 people will receive indexation, said Minister Sacheva. The various options would add between BGN 1 billion and 200 million to BGN 3 billion and 800 million per year, he said.
At the end of September or in the first days of October, it will be clear how pensions will be increased, and the decision will be made by the Coalition Council, specified the minister of Social Affairs. Most likely it will take place the first days of next week.
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