Insurance income falls

18.04.2016
Insurance income falls

The average insurable earnings for February 40 lev lower than in December 2015. This is due not so much of Christmas bonuses as the increase in the minimum wage twice - 380 lev from July 1, 2015 and 420 lev from January 2016

The average insurance income in the country in February 2016 was 743.25 Levs, with 10 lev lower than in January.

The average Social Security income is important for new retirees. It serves to determine the amount of new pensions. Also, thanks to him Definition This and revenues in state social insurance.

Impact on the size of the average insurable income threshold have both the minimum wage and business development in the Bulgarian economy. On the other hand, reduce unemployment, raise the average insurance income, but only temporarily, as it takes into account that the increase in employment during the summer for a period of time and in low-paid sectors, which are unlikely to have major impact on total income.

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