Azerbaijan, Baku, 8 November/ Trend , corr U. Ismayilova/ State Social Protection Funds of Azerbaijan (SSPF) has worked out a budget of 2009, Salim Muslumov, head of SSPF said at the joint discussions over 2009 state budget at the parliamentary commissions.
The revenues and expenditures of Fund's budget are planned at AZN 1.775bln which is 26.3% more than the figure of 2008.
About 93.5% of Fund's expenditures will be allotted for payment of pensions in 2009. The number of pensioners will total to 1.29mln next year, Muslumov said.
Nearly AZN 1.21mln will be required in 2009 to increase the base part of pensions which is 24.4% more than the figure of 2008. Nearly AZN 450mln is required to finance insured part of pensions.
About AZMN 47.5mln is planned to be spent to pay compulsory state insurance which is 26% more than the figure of 2008.
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