Basic part of labor pensions increases in Azerbaijan
Baku, Azerbaijan, Jan. 17
President of the Republic of Azerbaijan Ilham Aliyev has signed an order increasing the basic part of pensions from February 1, 2016. Under the presidential order, the basic part of labor pensions is defined at 110 manat.
The State Social Protection Fund is instructed to increase and recalculate the amounts of monthly pensions for all types of labor pensions, including the amendments to the basic part of the labor pensions for family members of Azerbaijan's national heroes and martyrs, disabled and other persons.