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Social Insurance Agency Expenditures

EUR mil. Per capita Per working person Annual change
Expenditures of Funds 6 327,7 1 170 2 717 5,2%
Old Age Insurance Fund Expenditures 4 760,3 880 2 044 4,7%
Disability Insurance Fund Expenditures 879,5 163 378 4,3%
Sickness Insurance Fund Expenditures 435,4 81 187 14,1%
Accident Insurance Fund Expenditures 43,2 8 19 0,5%
Unemployment Insurance Fund Expenditures 175,8 33 75 7,6%
Employer Insolvence Insurance Fund Expenditures 33,5 6 14 -10,9%
Administration of Social Insurance Agency 112,6 21 48 -3,1%
Revenues of Funds (current year) 4 956,0 916 2 128 0,1%
State Budget Subsidy 1 408,3 260 605 0,4%
Total loss / surplus (-/+) -75,9 -14 -33 n.a.
Transfer of Contributions to Capital Funds (II. Pillar) 804,9 149 346 -4,2%
Subsidy without II. Pillar Effect 603,5 112 259 7,3%
Loss / surplus without Subsidy and II. Pillar Effect (-/+) -679,4 -126 -292 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).