Net social contributions (D61) are the actual or imputed contributions made by households to social insurance schemes to make provision for social benefits to be paid.
Fees charged by the administrators of the schemes are excluded from contributions payable. These fees are treated as consumption expenditure by households in the use of income account.
In the SEC, all contributions to social insurance schemes are shown as made by households. There are, however, several elements to the amounts paid;
- employers’ actual social contributions (D611)
- employers’ imputed social contributions (D612),
- households’ actual social contributions (D613),
- households’ social contribution supplements (D614),
- less social insurance scheme service charges (D61SC).