What are the statutory pension benefits in Bulgaria?

In Bulgaria, the statutory pension benefits involve specific contributions deducted from the employee's gross monthly salary:

• A deduction of 6.58% is made for the statutory pension.
• An additional deduction of 2.20% is required for the obligatory pension for employees born after 1960.

Employers in Bulgaria must manage contributions for their supported employees' pension benefits. This includes contributions to the statutory pension and the Universal Pension Fund for employees born after 1960.