Definition: Consolidation

Category: ESSPROS Manual

Consolidation refers to the mutual cancellation of transactions among schemes in the same group, for example, among resident government-controlled schemes or among the whole of schemes operating in the country. 

This definition is identical in versions 1996, 2008 and 2011 of the Manual http://ec.europa.eu/eurostat/ramon/statmanuals/files/KS-RA-11-014-EN.pdf Eurostat, "ESSPROS Manual 2008"Eurostat, "ESSPROS Manual 1996"
Source:
Eurostat, "ESSPROS Manual - The European System of integrated Social Protection Statistics", 2011 Edition, Office for Official Publications of the European Communities, Luxembourg, 2011
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