Friday, March 27, 2015
Tweet[IWS] Eurostat: SOCIAL PROTECTION STATISTICS: NET EXPENDITURE ON BENEFITS [27 March 2015]
IWS Documented News Service
_______________________________
Institute for Workplace Studies-----------------Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor--------------------Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
________________________________________________________________________
NOTE: Funding for this service ends on 31 March 2015. Postings will end on this date as well.
European Commission
Eurostat
SOCIAL PROTECTION STATISTICS: NET EXPENDITURE ON BENEFITS [27 March 2015]
Net expenditure on social protection benefits in Europe. A statistical portrait based on 2011 data.
Data extracted in March 2015. Most recent data: Further Eurostat information, Main tables and Database.
This article presents statistics on net social protection expenditure in the EU. These statistics are collected through the European system of integrated social protection statistics (ESSPROS).
In 2011, in EU Member States EUR 3 689 thousand million gross, or 29.0 % of their GDP, were spent on social protection benefits[1]. The income provided by some benefits paid in cash is, however, potentially subject to levies imposed through the fiscal system. The deduction of levies, such as income taxes or social contributions, from the gross amounts received by beneficiaries means that some of the original expenditure is returned to the government coffers and that net expenditure on social protection benefits may therefore be considerably lower than the gross amount disbursed. Indeed, in 2011 around 7.6 % of gross expenditure on social protection benefits in the EU was recouped through the fiscal system making the net cost 92.4 % of gross expenditure (Figure 1).
________________________________________________________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
