7. The Summoned party – the Ministry of Welfare – stated that the principle of social insurance system is self-financing, i.e. the current disbursements to the recipients of pensions and allowances are covered by the social insurance contributions made by the currently employed persons. Due to deteriorating economic situation, increased unemployment and decrease of wages, the revenues of the State social insurance budget decrease as well. As a result, the budget revenues do not cover the expenditure and operation of social insurance system and, consequently, the pension system is endangered as well. The evaluation of the current situation in the special budget of social insurance and forecast for the coming years clearly shows that, in case if the expenditure of social insurance special budget is not urgently revised, the financial funds for social insurance service disbursements will be limited, whereas the state social insurance budget accrual – spent, thus creating a real deficit in the budget. The Disbursement Law had to be prepared within a very short period of time; therefore, it was not possible to assess the alternatives. That was also the reason why it was not possible to assess fully and exhaustively the compliance of the State pension and allowance disbursement restrictions prescribed by the draft law with the legal principles stated in the Constitution or following from the provisions thereof. This situation has been described in the draft law annotation. The Ministry of Welfare drew the attention of the Constitutional Court to the fact that the reduction would not apply to the persons who are the recipients of old-age pension and self-employed at the same time, whereas the pension recipients whose employment income is equal to the minimum wage or close to it and whose pension amount is equal to average pension in the State or even higher have the choice whether to continue employment or to terminate it. 8. The Summoned party – the State Employment Agency – maintained that, when determining the impact of the Disbursement Law on the number of vacant job positions, a conclusion can be drawn that the number of vacant job positions has not substantially changed due to the law coming into effect and possible termination of employment contracts by pensioners. However, some cases have been established at the agency’s branches when employers reported vacant job positions at the end of June 15

Select target paragraph3