The key challenges for Bulgaria are improving pension adequacy and financial sustainability
14.09.2009, September 14, 2009

We suggested that the policy of reducing social contributions rates needs to be reassessed. Bulgaria should continue undertaking measures to increase social security revenue by eliminating the abuse of paying contributions on the minimum wage as well as to include high wages in the insurance base and by facilitating longer working lives. Jung Lichtenberger, European Commission in Brussels.

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