Bank Of Baku

Azerbaijan may pay pension to repatriates in Israel

Azerbaijan may pay pension to repatriates in Israel
# 28 August 2007 09:27 (UTC +04:00)
Mr. Shagal said he had a meeting with officials of Israeli National Insurance Institute to discuss Azerbaijan’s payment of pension benefits to repatriates from this country.
He added that in late 2006 he and Israeli ambassador to Azerbaijan Artur Lenk suggested the Project of Pension for Repatriates from Azerbaijan.
On October 29 a delegation of Israeli National Insurance Institute will visit Azerbaijan to have discussion with Azerbaijani State Social Protection Fund.
The meeting is aimed at finding a payment mechanism beneficial to the both parties.
“If the negotiations continue at the current rate, next year we will break good news to repatriates from Azerbaijan. Also, I believe that Azerbaijan will demonstrate its goodwill to those who worked for Azerbaijan over decades,” he said. /APA-Economics/
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