The volume of the State Social Protection Fund’s expenditures increased by 24 percent or AZN 453 million ($266.4M) in the period between January and June in 2020 compared to last year, the Ministry of Labor and Social Protection of Population reported on August 6.

According to changes made by the State Social Protection Fund, pensions in three districts of Baku are assigned on a preferential basis on working conditions, local media reported on June 8 with reference to the Ministry of Labor and Social Protection.

Revenues of the State Social Protection Fund (SSPF) from January through April 2020 spiked by 39.6 percent compared to the same period of 2019, Minister of Labor and Social Protection of Population Sahil Babayev said in an interview to media representatives, Trend reports.

Azerbaijan’s State Social Protection Fund in 2019 ensured a refund of 320 million manats ($188 million) to the state budget, Minister of Labor and Social Protection of the Population Sahil Babayev said at a meeting on the results of 2019 chaired by President Ilham Aliyev on January 13.

Azerbaijan’s Ministry of Labor and Social Protection has launched another new electronic appointment system – a mechanism to assign monthly disability benefit.

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.

Budget of Azerbaijan’s State Social Protection Fund for this year increased by 200 million manats or by 5.1 percent compared with forecasts, Chairman of the Chamber of Accounts Vugar Gulmammadov said, Trend reports.

The revenues of the State Social Protection Fund under the Ministry of Labor and Social Protection of Azerbaijan in January-September 2018 increased by 16.07 percent or 406.84 million manats compared to the same period of 2017, the Minister of Labor and Social Protection of Azerbaijan Sahil Babayev said.

Azerbaijan's parliament adopted the 2018 budget of the State Social Protection Fund under the Ministry of Labor and Social Protection of Population at its plenary session on December 1.

Revenues and expenditures of the State Social Protection Fund under the Ministry of Labor and Social Protection of Population of Azerbaijan are forecasted to total 3,578.8 million manats in 2018, said the country’s Minister Salim Muslumov.