Azernews.Az

Friday March 29 2024

More people get social insurance packages in Azerbaijan

15 July 2013 18:02 (UTC+04:00)
More people get social insurance packages in Azerbaijan

The number of citizens with compulsory personal social insurance accounts increased by 12.2 % in Azerbaijan in the first half of 2013 compared to the same period of 2012, the State Social Protection Fund (SSPF) reported on July 15.

Personal accounts for 315, 51,000 customers were opened in January - June 2013. According to July data, the total number of insurers possessing personal accounts for charges on compulsory social insurance in Azerbaijan is 2.58 million.

According to the report, 58.6% of them are men and 41.4% are women.

"The plurality (25.3%) of insured persons is 30-40 years old citizens. Persons younger than 30 constitute 23.3%, 40-50 years old people constitute 22.8%, 50-60 year olds are 20.5% and others, including people 60+ years of age constitute 9.8% of insured persons," the report reads.

Labor pensions in Azerbaijan falls into two catagories: basic and insurance. The basic part is estimated at 85 manats.

Loading...
Latest See more