New deadlines for transferring the second pension to the National Social Security Institute

01.12.2021

NEW DEADLINES FOR TRANSFERRING THE SECOND PENSION TO THE NATIONAL SOCIAL SECURITY INSTITUTE

From the beginning of next year, new deadlines for the transfer of the second pension to the National Social Security Institute come into force.

From January 1, 2022 to December 31, 2025 a person will be able to change his insurance up to 1 year before reaching retirement age under Art. 68, para. 1 of SSC.

From 1 January 2026 to 31 December 2030 the term is extended to 2 years. From 1 January 2031 to 31 December 2035 it becomes 3 years, from 1 January 2036 to 31 December 2037 - 4 and after January 1, 2038 - 5 years.

At the end of June this year, another postponement for the transfer of the insurance for a second pension to the National Social Security Institute expired. This opportunity was given to people who missed the deadline to give up private pension funds. It provides for Bulgarians who until June 30, 2021 inclusive have less than 5 years to reach retirement age for the third category of work and who have not been granted a one-time pension, until June 30, 2021 to exercise the right of their choice to be insured only in the NSSI.

Everyone can check what pension they will receive through the NSSI electronic calculator and personal identification code.