The social security deficit reached the indicator of 98,526.3 million euros as of December 31, 2023, according to the statement of the total staff of the state corresponding to the implementation of 2023 and made by the court.
In accordance with information about the supervisory agency (you can consult this link to the web court on the courts), social security Already accumulates seven years in a row in which he records negative clean capitalSince 2017.
According to the court report, “the origin of this patrimonial deficiency lies in the negative results of economic pages accumulated in the derivatives of ordinary management operations of these organizations.” These results, the report said, led to the fact that the resources of the social security system were “inadequate to cover expenses of the same origin, proving financial, budget and treasury imbalances”
The court reports that in order to facilitate this situation “Initially, the decision to cover these usual management costs was the provision of consistent long -term loans“The state in the general treasury of social security. These loans amounted to 2023. 116 166.4 million eurosequivalent 7.75% gross domestic product (GDP)Field
The court report contains a warning of an agency that insists on the fact that this type of conjunctural measures “does not solve the structural problems of financial stability of social security, do not contribute to the sanitation of their balance and their results and do not have any thought in their pure patrimonial network.”
In parallel, the court of account explains that in the period from 2018 to 2023, the state contributed to the transfer of current social insurance for the cost of 81,829.3 million euros, “which had a positive impact on their capital” and that they aimed, that the state involves inadequate costs of the system and ending with the “financial defect of the system, strengthens its long -standing excerpt with borrowed policy”.
The court of accounts also warns that every year the state “contributes to social security to finance conceptric concepts” and that in 2023 these contributions were 19,090.2 million euros.
State attention call to attention
Despite all this, the court explains: “It is necessary that the state continues to provide planned annual transfers and those that provide for the budgets of each year, to take the entire cost of those measures that, even within the framework of the social protection system, do not have a strictly contributed.”
In addition, the report describes in detail, and in its role as a guarantor of the system, the state should “make other contributions to cover all financial and budget deficits that may arise in social security.” Similarly, “the necessary actions should be advanced to Go to the financial sanitation of the system in terms of its debt against the state “The report ends, which offers to consider it “within the framework of the Toledo Pact.”
