Slovakia's Social Insurance Agency spending exceeded 1.3 billion euros by year-end

The Social Insurance Agency (PPA), Slovakia's public pension and social insurance administrator, spent 1.352 billion euros by the end of 2024, significantly exceeding its originally approved budget of 756 million euros. The agency's approved revenue budget was adjusted during the year through budgetary measures totaling nearly 1.3 billion euros. The Social Insurance Agency manages the country's pension system and various social insurance benefits, making it one of Slovakia's largest public expenditure items.