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Social Insurance Agency Expenditures

EUR mil. Per capita Per working person Annual change
Expenditures of Funds 5 818,9 1 071 2 511 1,1%
Old Age Insurance Fund Expenditures 4 436,6 817 1 914 4,0%
Disability Insurance Fund Expenditures 808,3 149 349 5,1%
Sickness Insurance Fund Expenditures 338,5 62 146 6,9%
Accident Insurance Fund Expenditures 41,1 8 18 2,5%
Unemployment Insurance Fund Expenditures 150,3 28 65 -12,8%
Employer Insolvence Insurance Fund Expenditures 44,1 8 19 -6,2%
Administration of Social Insurance Agency 128,3 24 55 -12,7%
Revenues of Funds (current year) 4 445,8 819 1 918 -0,0%
State Budget Subsidy 1 517,2 279 655 73,3%
Total loss / surplus (-/+) 15,8 3 7 n.a.
Transfer of Contributions to Capital Funds (II. Pillar) 800,2 147 345 2,6%
Subsidy without II. Pillar Effect 717,0 132 309 654,5%
Loss / surplus without Subsidy and II. Pillar Effect (-/+) -701,2 -129 -303 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).