Employee Benefits in Bulgaria

Sep 27, 2014- Mumbai, India :Bharatbook.com announces a new report on "Employee Benefits in Bulgaria”, The regulatory framework and recent regulations relating to Bulgarian employee benefits.

Bharat Book Bureau presents the new report, on " Employee Benefits in Bulgaria”, The National Social Security Institute (NSSI) is responsible for managing all the social security schemes in the Republic of Bulgaria.

Synopsis

The report provides in-depth industry analysis, information and insights into employee benefits in Bulgaria, including:

- An overview of state and compulsory benefits in Bulgaria

- Detailed information on private benefits in Bulgaria

- Insights into various central institutions responsible for the administration of the different branches of social security

- The regulatory framework and recent regulations relating to Bulgarian employee benefits

Summary

The National Social Security Institute (NSSI) is responsible for managing all the social security schemes in the Republic of Bulgaria. It administers mandatory social security schemes such as sickness, maternity, occupational diseases, workplace accidents, disability, old-age and survivor’s pensions. Irrespective of whether a person is employed, unemployed or self-employed, Bulgarians are covered under certain social security schemes. In Bulgaria, the pension system is classified into four pillars: the pay-as-you-go (PAYG) public pension insurance scheme, which is mandatory; supplementary compulsory pension insurance, which is divided into the Universal Pension Fund and the Professional Pension Fund; voluntary pension funds; and voluntary occupational schemes regulated by the Institutions for Occupational Retirement Provision (IORP) directive. Voluntary occupational schemes are managed by pension fund companies.

Scope

This report provides a detailed analysis of employee benefits in Bulgaria:

- It offers a detailed analysis of the key government-sponsored employee benefits, along with private...