Finance

Finance

State Social Protection Fundâ€™s 2010 budget approved

23 December 2009 15:24 (UTC +04:00)

Baku. Vahab Rzayev - the APA-ECONOMICS. Azerbaijani President Ilham Aliyev has signed into law "the Budget of the State Social Protection Fund for 2010".

Under the document, income and expenditure of SSPF will amount to AZN 1 757 216 200, respectively.

The SSPFâ€™s income will come from the following sources:

Source of income	Sum (AZN)
Contributions for mandatory state social insurance, total including:	1 221011 400
from the budget-financed organizations	438 250 000
from those working in budget-financed organizations	59 761 400
from subsidies from the state budget and extra-budgetary funds of budgetary organizations	27 000 000
other insured including:	696 000 000
from individuals engaged in business	29 500 000
other total income, including:	2 500 000
Proceeds from the partial cost of sanatorium and resort vouchers	1 500 000
Transfers from state budget	533 704 800

Expenses will be directed to the following:

Areas of expenditure	Sum (AZN)
total payments to the population, including:	1 688 270 000
total payment of employment pensions, Including:	1 633 900 000
basic pensions	1 138 900 000
insurance portion of pensions	495 000 000
total benefits from contributions for compulsory state social insurance, including:	54 370 000
For temporary disability	19 200 000
During pregnancy and childbirth	18 770 000
For birth	2 000 000
For child care until 3 years old	4 500 000
For funeral	9 900 000
Cost of delivering public pensions and benefits, and cost of bank operations	19 000 000
Spa treatment and measures to improve the health of the insured as financed by the Confederation of Trade Unions	12 819 000
Purchase of vouchers for spa treatment and relaxation	10 280 000
holiday camping of the children of the insured	124 000
Expenditure on food, medical care and maintenance of staff in health centers and dispensaries	107 000
Partial maintenance of sports facilities of the Confederation of Trade Union (staff wages)	1 508 000
Maintenance of technical and legal inspectors, doctors and health trainers of the Union	800 000
Maintenance of employment activities and placement agencies, total including:	10 663 000
	10 663 000
Payment of unemployment benefits	4 254 000
Training and refresher courses	1 054 000
Paid public works	211 000
Job fairs and exchanges	390 000
Maintenance of employment services	4 754 000
Maintenance of migration service	115 600
Maintenance of social protection of persons with disabilities, total including:	3 718 000
Protection of health and medical rehabilitation of the disabled	603 000
Activities to address the problems and leisure of the disabled	715 000
Material and technical assistance to the disabled	700 000
Maintenance of social protection of the disabled	1 700 000
Maintenance of central office and the local departments of the State Fund of Social Protection	19 000 000
Membership due for international organizations, total, Including:	40 000
Membership due in the International Social Security Association	14 000
Membership due for CIS Social Security Association	26 000
Costs of introducing an individual account registration system for the insured	400 000
Implementation of the State program on development of pension-insurance system in 2009 - 2015	1 430 000
Costs for the Social Protection Development Project with the International Development Association	1 620 000
Costs for the UN Development Program for the grant agreement between the Government of Azerbaijan and the UN Development Program for the National Social Protection and Employment Strategy System Project (Phase 3)	140 600