The European Commission has published a report on the financial situation of the unemployment insurance scheme for former temporary staff, contract staff and parliamentary assistants (APAs), covering the 2019-2024 period. The report, dated 8 July 2026, shows that the fund's reserves reached over EUR 106 million by the end of 2024, a 243% increase from EUR 31 million in 2019. The fund held EUR 27 million in its current account and over EUR 79 million in investments.
The number of insured members rose by 33% to over 36,689, while the number of beneficiaries fell by one-third to 754. Expenditure reached EUR 29 million in 2024, a 10% increase compared to 2019, driven by a surge in APA beneficiaries following the 2024 European Parliament elections. Revenue rose by 65% to over EUR 48 million in 2024, with contributions set at 0.81% from staff and 1.62% from employing institutions. The Commission, European Parliament and agencies accounted for around 90% of total expenditure and contributions.
A deficit occurred only in October 2024, amounting to EUR 600,000, but the current account held EUR 27 million at year-end. A new contribution rate of 0.51% for staff and 1.02% for institutions was adopted via Delegated Regulation (EU) 2025/101 but did not enter into force by the end of 2024. The report concludes that the fund is financially solid with growing reserves, though it faces cyclical spending peaks from parliamentary elections. The next report will assess the impact of the reduced contribution rates.
The fund's financial health benefits insured staff and institutions by ensuring benefit payments, but the reduced contribution rates may lower future revenue. The surge in APA beneficiaries after elections highlights a cyclical risk for the fund's liquidity. The report provides transparency for EU taxpayers and institutions on the scheme's sustainability.