Wpływ modyfikacji systemu emerytalnego na finanse Funduszu Ubezpieczeń Społecznych

Abstract

The paper analyzes the revenue and expenditure of the Social Insurance Fund (SIF) from 1999 to 2010. This period covers the first years of the reformed social security system and the time at which a number of regulatory change was introduced. In the analyzed period both revenue and expenditure of social insurance increased, while revenues grew faster than expenses. The higher revenue growth marked by subsidies from the state budget than revenues from social security premiums. Among the largest share of expenditure accounted for transfers to the population, which were paid primarily in the form of pensions. The analysis shows that the reform of social security system, despite the delays in the implementation of certain objectives, contributed to many positive changes. It affected the growth of insured persons, a drop in payments of inability to work, and the increase in the average age of persons who have been granted pension benefits.