site.btaPublic Social Insurance Revenues Reach 89.9% of Annual Plan by November 2025

The National Social Security Institute has provided monthly information on the cash execution of the social insurance budgets administered by the institute under a statutory delegation.

Consolidated budget of public social insurance

The total revenues of the consolidated public social insurance budget (CPSIB) as of November 2025 amount to BGN 13,672.2 million, representing 89.9% of the annual plan. Compared with the same period in 2024, revenues have increased by BGN 1,794.0 million.

CPSIB expenditures as of November 2025 total BGN 24,784.9 million, or 90.5% of the annual target. Compared with the same period in 2024, expenditures rose by BGN 2,440.2 million.

Within the structure of total CPSIB expenditures, the largest share is taken by pension payments, which amount to BGN 21,973.5 million, or 91.2% of the annual target. Compared with a year earlier, pension expenditures increased by BGN 2,250.5 million (11.4%).

The number of pensioners as of November 2025 is 2,063,694, and the average monthly pension per pensioner is BGN 1,024.48.

The next most significant expenditure category in the CPSIB is payments of cash benefits and allowances under the Social Insurance Code. As of November 2025, these amount to BGN 2,636.5 million, or 85.8% of the planned annual amount. Reported expenditures are BGN 180.9 million higher than in the same period of 2024.

The total net transfers recorded in the CPSIB for the period amount to BGN 11,206.8 million.

Teachers’ Pension Fund

Total revenues of the Teachers’ Pension Fund budget as of November 2025 amount to BGN 138.6 million, representing 99.5% of the annual plan. Compared with the same period in 2024, revenues increased by BGN 14.8 million.

Total expenditures of the fund as of November 2025 amount to BGN 109.1 million, or 87.4% of the annual plan. Expenditures are BGN 15.5 million higher than in the same period in 2024.

Employees’ Guaranteed Claims Fund

Total revenues of the Workers' and Employees’ Guaranteed Claims Fund as of November 2025 amount to BGN 3.6 million, representing 112.5% of the annual plan. Revenue is BGN 1.0 million higher than in the same period of 2024.

Total expenditures of the fund for the first eleven months of the year amount to BGN 2.4 million, or 50.0% of the annual plan. Expenditures are BGN 0.6 million higher than in the same period of 2024.