Home Latest News Social Security posted a deficit of 890 million by April

Social Security posted a deficit of 890 million by April


this open between Social Security Remained at 890 million Euros until AprilCompared with 96 million positives in the same period of the previous year, according to data provided by the Ministry of Inclusion and Social Security.

In a note, the ministry points to this this figure reflects the difference in entitlements (income) of 53,853.6 million.1.7% increase, fAgainst recognized liabilities (expenses) of 54,743.6 milliongrew by 3.5 percent year-on-year.

In terms of income, social contributions reached 45,922 million eurosThis represents a 7.4% increase compared to 2021 revenue.

In the note, “The increase compared to April 2019 before the epidemic was 5,075.35 million, which is 12% higher than then.”

This development, emphasized by Social Security, reflects the dynamism of employment.

The contribution of the unemployed decreased by 11.6% due to the decrease in the number of unemployed.

Current transfers are 7,527.5 million, Down 23.8% year-on-year as Government revenues for additional financing of minimum pensions were lower than in the same period of the previous year.

46,995.6 million, which is the largest item in expenses, corresponds to pensions and contributions with an increase of 3.1%.

Source: Informacion



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