Insurance trust expenditure

{
  "id": "MLC-T-ECS-000959",
  "term": "Insurance trust expenditure",
  "field": "Economic statistics",
  "definition": "Cash payments to beneficiaries (including withdrawals of retirement contributions) of employee retirement, unemployment compensation, workers' compensation, and disability benefit social insurance programs. Excludes cost of administering insurance trust activities, state contributions of programs administered by the state or by the federal government, intergovernmental expenditure for support of locally administered employee-retirement systems, and noncontributory gratuities paid to former employees.",
  "subject": "Governments",
  "see_also": [
    "Insurance trust system",
    "Statistics about Governments"
  ],
  "references": [
    "U.S. Census Bureau Glossary"
  ],
  "url": "https://mlchart.com/terminology/economic-statistics/insurance-trust-expenditure/"
}