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Social Insurance Agency Expenditures

EUR mil. Per capita Per working person Annual change
Expenditures of Funds 4 917,0 909 2 020 n.a.
Old Age Insurance Fund Expenditures 3 839,9 710 1 578 n.a.
Disability Insurance Fund Expenditures 692,4 128 285 n.a.
Sickness Insurance Fund Expenditures 246,4 46 101 n.a.
Accident Insurance Fund Expenditures 36,1 7 15 n.a.
Unemployment Insurance Fund Expenditures 66,1 12 27 n.a.
Employer Insolvence Insurance Fund Expenditures 36,1 7 15 n.a.
Administration of Social Insurance Agency 157,5 29 65 n.a.
Revenues of Funds (current year) 4 607,3 852 1 893 n.a.
State Budget Subsidy 567,6 105 233 n.a.
Total loss / surplus (-/+) 100,5 19 41 n.a.
Transfer of Contributions to Capital Funds (II. Pillar) 815,2 151 335 n.a.
Subsidy without II. Pillar Effect -247,6 -46 -102 n.a.
Loss / surplus without Subsidy and II. Pillar Effect (-/+) 348,0 64 143 n.a.

Table description

Social Insurance Agency pays benefits to citizens who are entitled to them. Lack of income of the Agency caused by the payments flowing into the accounts of savers in the private pension funds (second pillar) is subsidised by the government state assets. Expenditures on retirement pensions are so high today that the loss would occur even in the case of non-existence of the second pillar. Item loss/surplus shows this difference. It is counted only as an income in the current year (surpluses from the previous years are not included).