Between January and August 2026, pension expenditure amounted to more than EUR 8.8 billion, increasing by 9.7% compared with the same period in 2025, the National Social Security Institute said in a report on the implementation of Bulgaria’s Public Social Insurance (PSI) budget, published on Monday. At 65.2%, pensions account for the largest share of the PSI budget.
The number of pensioners in August 2026 was 2,067,988, an increase of 10,036 (0.5%) compared with August 2025. The average monthly pension per pensioner in August 2026 was EUR 557.60. Compared with the same month in 2025, the average pension was EUR 39.31 (7.6%) higher.
Revenue under the consolidated PSI budget amounted to EUR 5,488.8 million between January and August 2026, representing 64.4% of the annual plan. Compared with the same period in 2025, revenue increased by EUR 476.0 million (9.5%).
Total PSI budget expenditure between January and August 2026 amounted to EUR 9,912.2 million, or 64.9% of the annual plan. Compared with the same period last year, expenditure increased by EUR 857.7 million (9.5%).
Expenditure on cash benefits and allowances under the Social Security Code amounted to EUR 1,038.7 million, or 62.8% of the annual plan, going up by EUR 76.0 million (7.9%) than in the first eight months of the previous year.
The net amount of transfers under the consolidated PSI budget was EUR 4,414.3 million during the reporting period.
Total revenue under the Teachers’ Pension Fund budget amounted to EUR 54.4 million, representing 66.4% of the annual plan. Compared with the same period in 2025, this revenue item increased by EUR 5.4 million. Expenditure under the fund’s budget amounted to EUR 46.1 million, up by EUR 6.6 million.
Revenue under the Guaranteed Receivables of Workers and Employees Fund budget amounted to EUR 1.6855 million during the eight-month period, representing 85.6% of the annual plan. Revenue received was EUR 267,600 higher than in the same period of 2025.
Total expenditure by the fund amounted to EUR 829,600, or 33.4% of the annual plan. This was EUR 245,200 lower than in the same period of 2025.
Between January and July 2026, pension and benefit expenditure under the PSI budget amounted to EUR 8.6 billion.
January-August Pension Expenditure at EUR 8.8 Bln THE NEWS FROM BULGARIA – NEWS AGENCY 2009-2025 2026-09-21 08:14:55
Latest news World news Country news Most important news latest news most important latest of the day Economic news Bulgaria, Bulgarian economy news, Bulgaria economic news, latest economic news, breaking economic news, Bulgarian business news, Bulgaria business news. Bulgarian financial news, Bulgaria finance news, Bulgarian markets, Bulgaria stock market, Bulgarian banking sector, Bulgarian investments, foreign investment Bulgaria. Bulgaria inflation, Bulgaria GDP, Bulgarian exports, Bulgarian imports, Bulgaria trade, Bulgarian industry, Bulgarian companies, Bulgarian entrepreneurs. Bulgarian business economy, economic growth Bulgaria, Bulgaria economic policy, Bulgarian fiscal policy, Bulgarian monetary policy, Bulgaria budget, Bulgarian public finances. Bulgaria wages, Bulgarian employment, Bulgaria unemployment, Bulgarian labor market, Bulgaria salaries, Bulgarian taxes, Bulgaria taxation, Bulgaria energy market. Bulgaria real estate market, Bulgarian property market, Bulgaria construction sector, Bulgarian tourism economy, Bulgaria agriculture economy, Bulgarian manufacturing, Bulgaria technology sector. Bulgarian startups, Bulgaria investment news, Bulgaria corporate news, Bulgarian financial markets, Bulgaria interest rates, Bulgarian banks, Bulgaria euro adoption, Bulgaria economic reforms.
BULGARIA NEWS – NEWS AGENCY 2009–2026 2026-09-21 08:14:55