Belarus' 2015 SSF Budget Set at Br115.776tn
OREANDA-NEWS. Revenues of Belarus' non-budget Social Security Fund (SSF) for 2015 are set at Br115.776 trillion (USD 10.671 billion), 13% of GDP, Labour and Social Security Minister Marianna Schotkina told reporters after discussing the 2015 budget bill in the Belarusian parliament.
To compare, revenues of the 2014 SSF were planned at Br95 trillion (USD 8.76 billion). Proceeds from the mandatory social security tax shall account for 98.9% of SSF revenues. SSF expenditures are expected at Br114.21 trillion (USD 10.526 billion). Pension benefits will account for 76.5% of SSF expenditures.
Br1.6 trillion (USD 147 million) will be paid out in benefits to families raising two or more underage children.
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