Azerbaijan to conduct indexing of social insurance part of pensions

Azerbaijan to conduct indexing of social insurance part of pensions
# 12 January 2011 14:31 (UTC +04:00)
According to SSPF chairman Salim Muslumov, the committee must receive official information about the level of consumer price indexes on 2010.

After this, SSPF Chairman will apply to President for indexing of insurance part of pensions corresponding to consumer prices on 2010: “We were not informed yet about it. But we have applied to the SSC”.

Currently, the base part of pension is AZN 85 in Azerbaijan.
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THE OPERATION IS BEING PERFORMED