The Social Insurance Institution predicts the deficit of the Social Insurance Fund in 2025 at the level of 80.1 billion PLN in the intermediate option and in 2029 at the level of 115.3 billion PLN. ZUS notes the need to continue financing the Fund from the state budget.
The Social Insurance Fund (FUS) is a public fund managed by the Social Insurance Institution. The following funds are paid from FUS funds: pensions and annuities.
ZUS on “deficit trends”
“In 2025-2029, the Social Insurance Fund (FUS) will remain stable, but will show a deficit trend. This means the need to continue providing it with subsidies from the state budget, including,” .
The forecast shows that the annual balance of the Social Insurance Fund is negative throughout the forecast period.
Predictions
The latest forecast also shows that in the intermediate version, the annual deficit of the Social Insurance Fund in 2025 will be 2.2 percent of GDP. (with the amount of inflation discount for 2023 it will be PLN 80.1 billion) and in 2029 it will be 2.8 percent. GDP (inflation-discounted amount for 2023 is PLN 115.3 billion).
In the intermediate scenario, the number of people covered by pension and disability insurance will increase in 2025, but will decrease in the foreseeable future. The number of insured persons in 2029 is 236 thousand less than in 2025. (it decreased by 1.4 percent).
Main image source: Shutterstock
