January 2023
06Jan

Azerbaijan To Increase Social Benefits, Pensions

President of Azerbaijan Ilham Aliyev has signed a decree on additional measures to improve the social welfare of the population, trend reports. According to the decree, the Cabinet of Ministers was instructed to submit proposals to the President of Azerbaijan on increasing the amount of social benefits and pensions. Starting January 1, 2023, the minimum monthly wage and pension was increased in Azerbaijan. The increase of minimum wage is 15%, and the minimum pension 16%. According to experts, wage growth is...

January 6, 2023
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July 2018

27Jul

Azerbaijan. Pensions increased in country

The average monthly size of labour pension in Azerbaijan increased by 5.2 percent, the Ministry of Labour and Social Protection of the Population reported. Thus, on July 1 the size of the pension reached 219.15 manats ($128.9), moreover the size of the pension by the age increased and reached 246.36 manats ($144.9). By the order of President Ilham Aliyev, the total amount of labour pensions was reindexed in accordance with the growth rate of the average nominal wage in 2017. Read more @Azernews

July 27, 2018
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