Pension Social Security

Central Cooperative bank and Pension insurance share company "CCB - Sila" offer jointly flexible combined products in the field of bank and insurance business under best market conditions.
You can conclude a contract for additional pension insurance and servicing of the customers of PISC "CCB-SILA" in all bank offices.

Universal Pension Fund

Those who were born after 31 December 1959 and insured for pension in NSSI shall select a Universal pension fund for supplementary mandatory pension insurance. The right of independent choice is guaranteed by the law.
The fund will pay a second lifelong pension in addition to the state pension. Insurance installments to the Universal fund are part of the mandatory pension installments to NSSI and don’t increase the insurance burden as for the person, and for the employer.
Installments to the Universal fund enter on an individual lot for the insured person and bear interests with the profitability from their management.
Accumulated funds on the individual lot of the insured person are personal and can be inherited.

Voluntary Pension Fund

The insurance in the Voluntary Pension Fund "CCB-Sila" ensures the receiving of a voluntary pension independent from the pension received from the NSSI. Installments to the Voluntary fund can be made the expense of the person and/or his/her employer. Insurance with a voluntary pension benefits from important tax preferences. Installments to supplementary pension insurance enter on an individual lot. They bear interest according to the profitability reached by their management.
Accumulated funds on the individual lot of the insured person are personal and can be inherited.

Personal installments

In case of voluntary insurance with individual installments their size is defined by the insurer and can be changed at any moment unilaterally by his/her wish. Amounts that individuals pay for supplementary voluntary pension insurance up to 10 per cent of the taxable income are not subject to income tax. This tax relief concerns persons who receive income from management and control, sole proprietors, notaries, persons who run a private medical practice or practice a liberal profession.

For employers

CCB offers you the possibility to conclude a contract for voluntary pension insurance of your employees and workers with PISC "CCB - Sila".
In addition to the social effect for your staff, voluntary pension insurance gives you the opportunity to profit from preferences provided for in the tax legislation. Employer’s installments for voluntary pension insurance up to 40 BGN per month for each employee or worker are recognized as business costs and are deducted from the taxable profit.
The pension scheme can be made following a variant at your choice which corresponds to your financial capacity and the social policy you implement. Options are as follows:

  • Insurance of all workers and employees at the expense of the company with an insurance installment amount determined by you;
  • Differential insurance depending on the responsibility and the hardness of the performed work as well as according to the personal contribution to the company development;
  • Differential insurance depending on the remaining years till retirement;
  • Cooperation from your part for ensuring a supplementary voluntary pension though personal installments to the workers and employees who wish so.

Professional Pension Fund

Those who work under first and second labor category shall be insured obligatory in a Professional Pension Fund.
The installments to the fund are entirely at the expense of the employer. The Professional fund pays a term pension for the years of early retirement. For these years the insured person will receive a pension only from the Professional fund.
The pension from the NSSI will be paid after meeting the retirement requirements for a third labor category.
The funds of the insured persons, who till 31.12.2009 choose to receive a pension for the years of early retirement from the NSSI, will be transferred from the Professional pensions fund to the NSSI Pension fund.
Accumulated funds on the individual lot of the insured person are personal and can be inherited.

Useful information

Why should I conclude a contract in the CCB office?

When signing a contract for pension insurance in the CCB office you receive the following advantages:

  • You use bank and insurance services at one desk;
  • CCB AD doesn’t charge fees and commissions for voluntary pension installments of individuals;
  • Possibility for preferential conditions for use of the products and services of "CCB" AD and "Armeec" ZAD.

Connection to the site of CCB-Sila: www.ccb-sila.com

Bank offices where you can conclude a contract for pension insurance


ХимимпортBulgaria AirАрмеецCCB LifeCCB СИлаCCB Bam