28.04.2022
HOW TO TRANSFER YOUR MONEY FOR SECOND PENSION IN NSSI?
People who have accumulated contributions to private universal pension funds can transfer their money to the NSSI Pension Fund.
The service is available to individuals born after 31 December 1959 and insured in the Universal Pension Fund (UPF) of Supplementary Mandatory Pension Insurance (SMPI). They must also meet other requirements:
To have at least 5 years left until reaching the age for acquiring the right to a pension for insurance length of service and age;
Not to have been granted a pension for length of service and age or an occupational pension for early retirement;
1 year has elapsed from the date on which insurance in the UPF began.
How and where do we declare change?
The service is requested by submitting an "Application for selection for change of insurance from supplementary mandatory pension insurance to a universal pension fund in the Pensions fund of the state social insurance" according to an approved model.
The application can be submitted in the following ways:
In the office of the National Revenue Agency at the permanent address of the natural person - personally or by a person authorized by a notarized explicit power of attorney;
electronically with a qualified electronic signature (QES) of the insured person, through the Electronic Services Portal of the National Revenue Agency (NRA): https://inetdec.nra.bg.
In order for the service to be accessible electronically with QES, an Application for submission of documents electronically and use of the electronic services provided by the NRA with QES to an obligated person must be submitted and full access to the NRA services is confirmed.
Term
The application may be submitted within the following deadlines:
up to 5 years before reaching the age for acquiring the right to a pension for length of service and age, provided that at the time of application no pension for length of service and age or occupational pension for early retirement has been granted;
after 1 year from the date on which the person started insurance in UPF.
The result
Accepted/rejected Application for change of the choice for insurance from additional mandatory pension insurance in a universal pension fund to a Pension fund of the NSSI.
When submitting the application electronically, the sender is sent an automatic message with ent. № and a notification of acceptance or rejection of the application shall be issued for the result of the processing. This information is also available through the profile of the person in the electronic services provided by the NRA with QES, section "Application for choice for change of insurance" ⇒ "Application for choice for change of insurance based on Article 4b of SSC" ⇒ "Information" .
When the application is rejected, the message on the result of the processing shall state the specific reason why it was not accepted.
After successful processing of the "Application for selection for change of insurance from Supplementary mandatory pension insurance to a Universal pension fund in the Pension fund of the State social insurance" contributions for supplementary mandatory pension insurance will begin to be transferred to the Pension fund of the National Insurance institute from the first day of the month following the month in which it was submitted.
Fees
When submitting an application for a change of insurance for a second pension to the National Revenue Agency, the agency does not collect a fee. There is no sanction provided, as this is a right of the insured person, not an obligation.
