Social Security achieves a surplus of €3.749 billion in the first four months

BarcelonaSocial Security recorded a surplus of €3.749 billion in the first four months of the year, representing 0.2% of GDP. According to data from the Ministry of Inclusion, Social Security and Migration, €72.207 billion was collected during this period, an 11.9% year-on-year increase, while expenditures totaled €68.458 billion, an 8.1% increase compared to the same period last year.

From January to April, €57.959 billion was collected from contributions, representing a 7.1% year-on-year increase and a 41.9% increase compared to 2019, the pre-pandemic figures. Contributions for the employed amounted to €54.559 billion, with €44.744 coming from the general system and €4.025 billion from the various special schemes, including the self-employed, maritime workers, and mining and coal workers. Unemployed contributions also increased to €3.4 billion.

Revenue directed to the Intergenerational Equity Mechanism (IEM), which was implemented on January 1, 2023, and whose collection is allocated to the Social Security Reserve Fund for pensions, amounted to €1.542 billion, an increase of 34.2%.

Spending reached 94.3% on benefits for families and institutions, with a figure of €64.572 billion, an increase of 6.4% year-on-year. Of this figure, €58.938 billion was allocated to contributory pensions and benefits. Among these, disability, retirement, widow's, orphan's pensions, and supplements to reduce the gender gap as a whole increased by 6.1% compared to the 2024 figures, mainly due to the increase in pensioners and the 4.5% increase in the average pension.

Temporary disability benefits recorded expenditure of €5.486 billion, and non-contributory pensions, minimum supplements, subsidies, and other benefits reached €5.634 billion due to the 9% revaluation of non-contributory benefits.