Azerbaijan’s State Social Protection Fund talks amount of pensions next year
By Trend
The work continues in Azerbaijan to calculate increases to the minimum pension, Director of Azerbaijan’s State Social Protection Fund under the Ministry of Labor and Social Protection of the Population Himalay Mamishev said at a press conference, Trend reports Nov. 13.
Mamishev said that based on the results of this work, a decision will be made on the pension increase.
“In addition, at the beginning of each year, in accordance with the instructions of the head of state, pensions are indexed,” the director noted. “It is envisaged that from the beginning of next year, the pension of a person receiving 200 manat ($117.9) will increase by 27-30 manat ($15-$17) due to indexation.”
Mamishev added that this year, on the eve of the New Year, pensions will also be issued ahead of schedule.
($1= 1.7 manat on Nov. 13)
---
Follow us on Twitter @AzerNewsAz
Here we are to serve you with news right now. It does not cost much, but worth your attention.
Choose to support open, independent, quality journalism and subscribe on a monthly basis.
By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.
You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper
Thank you!