Bulgarian Association of supplementary pension security companies
Announcement / BADDPO publications / BASPSC in the media / International news and events / News / Papers and presentations / Research and statistics
PensionsEurope report 2022 – Trends and developments in funded pensions
Key findings:
*Assets of euro area pension funds continued growing more than their liabilities until the end of 2021, increasing their aggregate funding ratio.
*Through recent increase in interestrates, liabilities of pension funds have decreased more than their assets.
Focus on joint strengthening of private pension provision
International Finance Corporation (IFC), a member of the World Bank Group, takes a stake of around 10% in Doverie, the pension fund in Bulgaria in which the Vienna Insurance Group
(VIG) holds a majority stake. The cooperation aims to strengthen and jointly further expand the Bulgarian pension insurance market. […]
Announcement / BADDPO publications / BASPSC in the media / International news and events / News / Papers and presentations
On September 13, 2022, with an elegant cocktail in Grand Hotel Sofia, the members of the Bulgarian Association of Supplementary Pension Insurance Companies celebrated the 25th anniversary since the establishment of the Association.
Over the past quarter century BASPSC and pension insurance companies have established themselves as one of the main drivers for the development of supplementary pension insurance and the validation of the three-pillar model of Bulgaria’s pension system. […]
Pensioners with a “second” pension choose to receive BGN 300 per month for a certain period. The motives to choose a pension, different from the standard are mainly two
17:02 28th of December 2021 Author: Alexandra Angelova 4212573
The past 2021 turned out to be an important year for the pension and insurance system of the country – […]
After so many years of promises and agitation, but also of baseless insults and administrative harassment, universal funds have convincingly defended the meaning of their existence. They did it in a natural way: they started paying the second pensions to people who meet the conditions for it and asked for their money. […]
The Insurance Supervision Department of the FSC announced the results of the supplementary pension insurance activity for the first nine months of 2021. The information was obtained on the basis of reports submitted by the pension insurance companies to the Financial Supervision Commission. The data on the distribution of the insured persons by sex and age in the supplementary pension insurance funds as of 30.09.2021 have also been published. […]