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Number of labor pensioners increases in Azerbaijan

Business Materials 11 August 2009 16:25 (UTC +04:00)

Azerbaijan, Baku, August 11 / Trend , I.Khalilova /

State Social Protection Fund of Azerbaijan observed an increase in the number of labor pensioners, whose number reached 1,292,602 as of 1 July 2009, the State Fund said on August 11. They include 512,167 men and 780,435 women, of whom 380,540 are mothers.

"Compared with the beginning of the year, the number of labor pensioners has increased by 17,464 people," said the Fund.

In general, of labor pensioners, 129,513 are employed. The number of pensioners receiving disability pension was 308,670 people. Number of people receiving pension as a result of employment injuries and diseases is 4,582. In addition, 37,031 people have the right to obtain labor pension on preferential terms, 138,146 - due to the loss of the head of the family, including 22 families of national heroes of Azerbaijan.

According to the Law on Labor Pensions, there are three types of labor pension - age, disability, and because of the loss of head of family. Men who have reached 62 years of age, and women -57 years, in the presence of at least five years length of service on social insurance are entitled to receive the labor pension for age.  

Disability labor pension is determined if the disability occurred before 19 years of age or if there is one year of experience in social insurance with reduced health, one year length of service, if the disability occurred after 19 years. The labor pension due to the loss of the family head is appointed, if prior to it, he had a period of social insurance.

Currently the base part of the labor pension in Azerbaijan is 70 manat.

Official rate on August 11 is 0.8043 AZN/USD.

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