ПРАВНИ И ИКОНОНОМИЧЕСКИ ПРЕДИЗВИКАТЕЛСТВА, ПРОБЛЕМИ И ПЕРЕСПЕКТИВИ ПРЕД ПЕНСИОННАТА СИСТЕМА В РЕПУБЛИКА БЪЛГАРИЯ
LEGAL AND ECONOMIC CHALLENGES, PROBLEMS AND PERSPECTIVES TO THE PENSION SYSTEM IN THE REPUBLIC OF BULGARIA

Author(s): Daniela Petrova
Subject(s): Politics / Political Sciences, Public Law
Published by: Икономически университет - Варна
Keywords: pension insurance; pension schemes; pension models; social security contributions; pension systems.
Summary/Abstract: The entire pension system in Bulgaria, whether through the solidarity system of the state social security or through the mediation of private pension funds, faces serious challenges, which are not trivial to meet, and as a result future retirement income is more likely to decrease rather than increase. The two main challenges in this respect are the demographic crisis related to the aging of the population and the increasing life expectancy, as well as the already steadily declining global economic growth, leading to low interest rates and low return on investment.

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