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Seniority can be redeemed for 2,800 denars per month

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With these amendments, the insured who was employed but contributions for pension and disability insurance were not paid for the period up to 31st of December 2008 is allowed to make payment of the contribution and thereby acquire the right to pension and disability insurance.

– We will help many citizens who often during the transition period or due to the closure of companies because of bankruptcy and liquidation, not only lost their job, but part of the contributions for pension and disability insurance were not for the period during which they worked – Minister Dime Spasov stated, noting that there is a huge number of people facing this problem.

For those who wish to redeem their seniority, it would cost about 2,800 denars per month.

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