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State social insurer posts small surplus over first five months of 2012

Slovakia’s social insurer, Sociálna Poisťovňa (SP), received revenue of €2.685 billion between January and May 2012, 41.15 percent of its annual projected revenue, said general director Ľuboš Lopatka at a press conference on June 19, adding that SP had received €741.7 million from the state in this period, the TASR newswire reported. "Expenditures were €2.657 billion, which account for 40.89 percent of the adjusted budget. I'm hereby stating that Sociálna Poisťovňa achieved a fragile surplus of €27.5 million in the first five months of the year," Lopatka stated, as quoted by TASR. He said the amount of insurance and pension contributions collected was €87.81 million higher than over the first five months of 2011.

Slovakia’s social insurer, Sociálna Poisťovňa (SP), received revenue of €2.685 billion between January and May 2012, 41.15 percent of its annual projected revenue, said general director Ľuboš Lopatka at a press conference on June 19, adding that SP had received €741.7 million from the state in this period, the TASR newswire reported.

"Expenditures were €2.657 billion, which account for 40.89 percent of the adjusted budget. I'm hereby stating that Sociálna Poisťovňa achieved a fragile surplus of €27.5 million in the first five months of the year," Lopatka stated, as quoted by TASR. He said the amount of insurance and pension contributions collected was €87.81 million higher than over the first five months of 2011.

Source: TASR

Compiled by Zuzana Vilikovská from press reports
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