The women who are waiting for a second pension were very bad!



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The second pension, which the first women will start receiving in the autumn of next year, will not be enough for life. This was admitted on Friday by the Bulgarian Association of Supplementary Pension Insurance Companies, writes Monitor.

However, if the rules are not adopted to determine the possibility of bringing together the amounts of the accounts, the funds will have to pay them for life despite the nominal remuneration.

17,000 women born in 1960 should actually benefit from supplementary pension insurance next year. In case they regularly paid minimum income amounts, they raised a little over 4,000 BGN. Experts estimate that they will receive less than BGN 20. The association admitted that there are lots of 1,000 and 2,000 BGN, but did not show estimates of the proportion of BGN. Those women.

The fund representatives did not give details about the monthly salaries, explaining that each case is individual and “grocery bills” should not be made.

According to their estimates, with regular contributions for 40 years, our second pension will be 20% of the base salary. “Since 2015, the second pillar of pension insurance has transferred 500 million leva to the Silver Fund and the National Institute of Social Security. The heirs have been paid 132 million BGN,” said Daniela Petkova.

The association does not advise people to transfer accounts to the National Institute of Social Security unless they are about to retire. Otherwise, the heirs would get nothing. The funds say they are fully offsetting the decline in profitability due to the coronavirus crisis. BGN 16,444 million is its net assets, while BGN 803 million is its growth since the beginning of the year.



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