On 8 November, UEL took part in the quadripartite committee as the employers’ representative.
The quadripartite committee met on 8 November to examine the financial situation of the sickness-maternity insurance (AMM) and its evolution for 2024. The UEL represents the employer-contributors.
Based on estimates drawn up by STATEC in September, current expenditure is projected to rise by 7.8% in 2023 and 2024. Current receipts are projected to rise by 9.6% in 2023 and 6.0% in 2024. As current revenue is estimated to exceed current expenditure in 2023, a positive current account balance of around 24.9 million EUR is expected. This positive balance is mainly due to the application of 3 index tranches and the postponement of the valuation of the key letter for doctors and dentists. In 2024, the balance of current operations will again be negative, amounting to -51.9 million EUR. This clearly reflects the volatile nature of AMM revenues. The reserve should fall below the legal threshold (10% of total expenditure) in 2027.