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The insurable income referred to for pension calculations should not be confused with a current salary, minimum wage or the full cost of an employee. Amounts in lev remain historical data and are not updated for entering into an employment relationship.
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The National Social Security Institute announced that average insurable employment income in Bulgaria for June 2016 was BGN 755.73
Average monthly insurable income for the period from 1 July 2015 to 30 June 2016 was BGN 748.17
The average gross remuneration in Bulgaria is used to calculate new pensions from July 2016 under Article 70(2) of the Social Security Code.
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