Pensions and benefits are not paid out of the state budget directly but through separate funds with their own revenue. This page shows the revenue, expenditure and balance of the three funds for which the National Social Security Institute publishes a monthly cash report (return B1): the state pension fund (ДОО), the Teachers' Pension Fund and the Guaranteed Employee Claims Fund. The health insurance fund is a separate budget and is not in this corpus.
revenue − expenditure + transfers − EU contribution = balance. For the pension fund (ДОО), 2024: 6,590,528,454 − 12,585,473,587 + 5,892,736,120 − 0 = −102,209,013 euro.
The pension fund's own contribution revenue covers 52.4% of its spending. The rest — €5.89bn, of which 99.97% comes from the central budget — is a transfer in. Without it the page shows a six-billion hole next to a stated balance of −€102m, and a reader concludes one of the two is wrong.
The same €5.89bn is visible from the other end: it is part of "Transfers (net)" on the expenditure page, which is 58% of state budget expenditure. The two pages are the same money seen from either side.
A year gets a per-fund breakdown only once NSSI has published its monthly sheets. Until then only the annual aggregate is shown — three funds with zero in every column would be a false statement.
See also the state budget and pensions.