Deutschland
The German Old Age Security System in 2020 By Simone M. Schneider, Max Planck Institute for Social Law and Social Policy The German old age pension insurance system dates back to the Disability and Ol
Social Old Age Pension and Personal Pension
Social Old Age Pension Социална пенсия за старост Coverage Destitute elderly persons aged 70 or older residing in Bulgaria. Financing The scheme is entirely tax-financed out of the state budget. Admin
Professional Pension Funds
Professional Pension Funds Професионални пенсионни фондове Coverage Mandatory insurance Persons working in the 1 st and 2 nd labour categories. Opting out One-time option for opting out upon request w
Universal Pension Funds
Universal Pension Funds Универсални пенсионни фондове Coverage Mandatory insurance All persons insured in the statutory old age pension scheme . Military and police personnel insured in the pensions i
Pensions in the Defence and Security Sector
Pensions in the Defence and Security Sector Пенсии в сектор “Отбрана и сигурност” Coverage Mandatory insurance Police and military personnel, as well as employees in the State Intelligence Agency, the
Occupational Pension Schemes
Occupational Pension Schemes Професионални пенсионни схеми Coverage Voluntary participation Employees, with participation being based on collective or individual agreements. Possibilities for voluntar
Private Pension Insurance
Private Pension Insurance Частно пенсионно осигуряване Coverage Voluntary participation Persons who have turned 16. Financing General finances Fully funded personal pension plans based on contribution
Teachers’ Pension Fund
Teachers’ Pension Fund Учителски пенсионен фонд Coverage Mandatory insurance All teachers (public and private). Financing General finances Mainly PAYG-financed from insurance contributions of the curr