He noted that in accordance with the requirements of legislation and order to be issued by the Azerbaijani president, the SSPF will take necessary step: “Indexation of insurance part of pensions and increase of pension capitals accumulated in the individual accounts will be realized”.
The chairman said that the indexation will be realized after the index of prices is announced and there are sufficient funds for this purpose.
The existing legislation provides the indexation procedure of pensions by taking inflation interests into account: “Under the order of the president, insurance part and pension capitals accumulated in the individual accounts have been indexed this year”.
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