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    3. Pension Calculator

    Pension Calculator

    Calculate your estimated pension according to Bulgarian legislation

    Personal Data

    Enter the information for calculation

    Results

    Estimated pension conditions

    Estimated pension300,00 €
    Replacement rate:39.1%
    Minimum pension (2026):300,00 €
    Maximum pension (2026):1912,00 €

    How is it calculated?

    Your income:767,00 €
    Years of experience:x 20
    Percent per year:x 1.35%
    Calculated amount:207,09 €

    * Since the calculated amount is below the minimum threshold, you receive the minimum pension.

    Pension age
    64.83 y.
    remaining 8.8 y.
    Required points
    104.33
    current: 76.0
    Early retirement
    Not possible
    Social pension
    Not possible

    The Bulgarian Pension System

    The Bulgarian pension system is based on three pillars:

    1. State Social Insurance (SSI)

    Mandatory insurance based on the principle of "intergenerational solidarity". The pension amount depends on the insurance period and insurance income.

    2. Supplementary Mandatory Pension Insurance (SMPI)

    A capital principle with personal accounts managed by private pension funds. Mandatory for those born after 31.12.1959.

    3. Supplementary Voluntary Pension Insurance (SVPI)

    Voluntary contributions with tax benefits, managed by private pension funds.

    Retirement conditions for 2026

    For men

    Retirement age:64.83 years
    Work experience:39.5 years
    Points:104.33

    For women

    Retirement age:62.33 years
    Work experience:36.5 years
    Points:98.83

    Pension calculation formula:

    Pension = AII x IC x PYW

    AII - Average Insurance Income for the country

    IC - Individual Coefficient of the person

    PYW - Percentage per year of work experience (1.35%)

    Notes:

    • The retirement age and required experience increase gradually each year.
    • For each year of experience until retirement age, 1.35% of the insurance income is accrued.
    • As of 2026 , the minimum pension is 300 €, and the maximum is 1912 €.

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    These calculations are for informational purposes only and do not constitute financial, tax, or legal advice. Consult a qualified professional for your specific situation.

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