Bank Of Baku

Pensions to be increased in Azerbaijan next year

Pensions to be increased in Azerbaijan next year
# 10 October 2012 11:03 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. Base part of pensions is expected to increase next year in Azerbaijan, Chairman of State Social Protection Fund Salim Muslumov said, APA reports.

To him, in connection with pension increase, an indexation will be conducted in January of next year in accordance with 2012-inflation.

Besides, he noted that more serious increase in base part of pensions would depend on Fund’s financial indicators for 2012.
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