KBC logo
arrow
contacts icon contacts icon

Contact us

online clients widget icon online clients widget icon

Digital Portal

piece price piece price

Unit Value

calculator widget icon calculator widget icon

Pension Calculator

Universal Pension Fund pensions

* Required field

Calculations are approximate and do not guarantee future results. The calculations are developed under the following conditions and assumptions:

  • The calculation is made on the assumption that the person makes contributions every month.
  • The monthly contribution to the UPF is 5% of the insurable income.
  • The maximum insurance income for the current year is BGN 3 750.
  • The amount of the management fee (deduction) in the UPF is 3.75% of each new contribution.
  • The amount of the investment fee in the UPF is 0.75% per annum of the net asset value of the UPF.
  • The rate of the management fee for the Life Annuity Fund and the Term Annuity Fund shall be 0.5% per annum of the net asset value of the respective fund.
  • The return for the period of insurance is net of the above investment fee.
  • The value of the technical interest rate used to determine the old-age life pension is 0.5% per annum.
  • The mortality table published by the National Statistical Institute (NSI) for the period 2020-2022 has been used to determine the old-age pension for life.
  • The retirement age is in line with the retirement conditions for retirement under Article 68(1) of the Social Security Code. By 2024, the age and length of service requirements are: - for men, attainment of the age of 64 years and 7 months; for women, attainment of the age of 62 years and 2 months. See the retirement conditions for retirement age by year at www.pensiopedia.bg
  • Retirement age is rounded to a whole number. Example: if a person is due to retire at 62 years and 5 months, their retirement age is rounded down to 62; and if a person is due to retire at 62 years and 6 months, their retirement age is rounded up to 63.
  • The minimum amount of the lifetime old-age pension is currently 78.46 BGN per month and the maximum amount of the deferred payment is 523.04 BGN per month.
  • The period in years of guaranteed payment is from 2 to 10 years.
  • When updated, the pension paid cannot be lower than the minimum amount.

Offices and centres

Map See all offices

Contacts

Email us

Share your feedback or ask us

Feedback

Meeting with a specialist

Book an appointment at a time and office convenient to you.