Over 1.5mln people pass social-security registration in Azerbaijan
Azerbaijan, Baku, Sept. 4 / Trend , U.Ismayilova/
In Azerbaijan, the number of people registered on the individual registration system was 95,380 people in January-August, the State Social Protection Fund reported on Sept. 4. 866,480 people were men and 720,250 women.
On Sept. 1, this figure was 1.586 million people, the report said.
The number of people between the ages of 40-50, who are registered on the system, was 4,441,560. The number of social-security individuals up to the age of 30 exceeded 376,000, between 30-40 exceeded 354,000, between 50-60 exceeded 294,000 and those older than 60 exceeded 119,000.
Individual registration involves organizing and storing information on each person insured, ensuring their pension and other social protection rights under Azerbaijani law.
The Azerbaijani President issued a decree to apply the "Individual Account in the State Social Insurance System" Law in December 2001.