Bulgarias labour minister projects pension updates in 2013, 2014.

By bne IntelliNews November 7, 2011
Labour minister Totyu Mladenov said that the pensions may be updated in 2013 and 2014 in view of the expected deficit of the social security system, investor.bg informs. However, in case of better than expected economic development, potential pension hike is possible even earlier. Mladenov clarified that the government is looking for an opportunity to increase only the lowest pensions as of the middle of the next year.

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