Bank Of Baku

Insurance premiums paid by employees to rise near 10% in Azerbaijan

Insurance premiums paid by employees to rise near 10% in Azerbaijan
# 03 December 2012 11:33 (UTC +04:00)

 

A group of population, paying social insurance premiums with lower tariffs, receives long-term and a large amount of pensions from the system due to there is not such index in the system. “Taking this into consideration, value of insurance experience for a year will be defined”.

 

He also noted that this index must be more by 12 times from base part of the pension.

 

For full pension right, it needs 30-year experience, minimum pension – 12-ytear experience.

 

1 2 3 4 5 İDMAN XƏBƏR
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THE OPERATION IS BEING PERFORMED