Baku. Vusal Nabiyev - APA-Economics. Azerbaijan’s insurance-pension system completed the first quarter of 2015 successfully.
SSPF PR department told APA-Economics that the incomes of the State Social Protection Fund in January-March, 2015 made AZN 751.5 mln, up 5.5% or AZN 39 mln from previous year.
Social insurance incomes rose 8.7% to AZN 410 mln. Of this, 65.7% or AZN 270 mln came from non-budgetary sector, up 12% or AZN 29 mln.
Expenditures stood at AZN 725.7 mln. 98% or AZN 713.7 ml of these funds went to payments to population. 97.6% of payments made pensions.
As of January1, 2015, number of labour pensioners made 1,290,900, as of April 1, it stood at 1,293,200.
Insurance part of the labour pensions rose 1.4%. Average sum of the labour pensions made AZN 175.1.
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