Average monthly pension increases in Azerbaijan
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By Trend
Around 1,228,800 people were registered with the State Social Protection Fund under the Ministry of Labor and Social Protection of Population of Azerbaijan as of January 1, 2021, Trend reports.
Some 58.3 percent of them receive old-age pensions, 30.4 percent - for disability and 11.3 percent – for the loss of the head of the family. On an annual basis, the average monthly pension increased by 14.7 percent and amounted to 302.2 manat ($177.7), which is 42.7 percent of the average monthly salary.
In order to ensure the social protection of the population, various categories of citizens are also provided with monthly social benefits. As of January 1, 2021, 100,200 people receive age-related benefits (82,400 - as of January 1, 2020), 182,500 people - for disability (180,500), 49,200 people – on the loss of the head of the family (47,000), 52,700 children under 18 years of age with disabilities, 27,200 people - other types of benefits.
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