Category: Papers and presentations

Mrs. Evelina Miltenova participated in the preparation of professional material for the IPE media on the supplementary pension insurance market and the prospects for pension funds in Bulgaria in 2024.

The country is trying to fulfill all the criteria set by the EU to finally join the Eurozone. “We, the branch association of the Bulgarian supplementary pension insurance companies, were invited and from 2022 we actively participated in the working group, consulting, actively discussing and giving proposals and opinions related to the national plan for the introduction of the euro, […]

Press release – PensionsEurope CEEC Forum 2023

Brussels, 13 October 2023 – The PensionsEurope CEEC Forum 2023, held on 10 October 2023 at the Grand Millennium Hotel in Sofia, Bulgaria, marked an annual milestone in addressing common challenges within funded pensions across the Central and Eastern European (CEE) region.
Hosted by the Bulgarian Association of Supplementary Pension Security Companies (BASPSC), […]

Results of operations on supplementary pension insurance for the first quarter of 2023

The Social Security Supervision Department of the FSC announced  the results of the activity on supplementary pension insurance for the first quarter of 2023. The information is summarized on the basis of the reports for supervisory purposes submitted by the pension insurance companies to the Financial Supervision Commission. Data on the distribution of insured persons by gender and age in pension funds as of 31.03.2023 are also published. […]

Pensions Europe submitted on 25th May 2023 its response to EIOPA’s consultation on technical advice for the review of the IORP II Directive today, on 25 May 2023.

Int the answer, PE welcomes EIOPA’s perspective, acknowledging that the review of IORP II takes place shortly after the Directive’s implementation, making it premature to suggest any significant revisions at this stage.
Key takeaways include:
• The IORP II Directive should remain a minimum harmonization legislation.
• The IORP II Directive must be highly compliant with the principles of proportionality and subsidiarity. […]

PensionsEurope Report 2022 – Trends and developments in funded pensions

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.

ON 13 SEPTEMBER 2022 BASPSC CELEBRATED ITS 25TH ANNIVERSARY

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. […]

Top