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Social Insurance Agency Expenditures

EUR mil. Per capita Per working person Annual change
Expenditures of Funds 5 758,2 1 063 2 434 17,1%
Old Age Insurance Fund Expenditures 4 265,8 787 1 803 11,1%
Disability Insurance Fund Expenditures 769,4 142 325 11,1%
Sickness Insurance Fund Expenditures 316,7 58 134 28,5%
Accident Insurance Fund Expenditures 40,1 7 17 11,3%
Unemployment Insurance Fund Expenditures 172,4 32 73 160,8%
Employer Insolvence Insurance Fund Expenditures 47,0 9 20 30,2%
Administration of Social Insurance Agency 146,9 27 62 -6,8%
Revenues of Funds (current year) 4 447,6 821 1 880 -3,5%
State Budget Subsidy 875,3 162 370 54,2%
Total loss / surplus (-/+) -582,2 -107 -246 n.a.
Transfer of Contributions to Capital Funds (II. Pillar) 780,3 144 330 -4,3%
Subsidy without II. Pillar Effect 95,0 18 40 n.a.
Loss / surplus without Subsidy and II. Pillar Effect (-/+) -677,3     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).