The revenues of the social insurance Fund will exceed costs after 2024

Доходы Фонда соцстрахования смогут превысить расходы после 2024 года

The revenues of the social insurance Fund (FSS) will be able to exceed his expenses, according to the forecast, only after 2024, and the accumulated Fund deficit will be 300 billion rubles, this was reported by Deputy Chairman of the FSS Alexey Rudenko at the II international conference “Vectors of development of social insurance”.

“Based on the current macroeconomic forecast, which is likely quite optimistic, only after 2024 we can expect that revenues will exceed expenses of the Fund. Accumulated deficit as of 2017, next year, to 2024 insurance temporary disability will amount to 300 billion rubles,” — said Rudenko.

He noted that for the next two years to Fund the task was to close a deficit of 150 billion rubles, that the leadership of the FSS was ready to allocate internal resources.

“Another 150 billion to get us nowhere”, he added.