site.btaCaretaker Labour Minister to Propose to NSSI Supervisory Board to Raise Pensions by 11%

Caretaker Labour and Social Policy Minister Ivaylo Ivanov said that he will propose that the pensions update from July 1, 2024 be set at 11% during Tuesday's meeting of the National Social Security Institute's (NSSI) Supervisory Board, as it was adopted by Parliament. "This is my right and I will make use of it without the need for anyone to advise me," Ivanov said, quoted by his Ministry on Monday, in response to public allegations that a lower pension increase was being prepared.