Over 100 negative facts of pensions accounting liquidated in Azerbaijan
Azerbaijan, Baku, October 28 / Trend U. Ismayilova /
Pensions of about 100 people have been liquidated in Azerbaijan. These people got pensions illegally, head of the State Social Protection Fund Salim Muslimov said at a press-conference held at the headquarter of the ruling Yeni Azerbaijan party on October 28.
"Pension provision for these 100 individuals was liquidated due to illegal indication of high wages, on which labor pensions depend," Muslimov said.
He said that negative facts were revealed as a result of inspections, which continue for several months.
At present, they do not get pensions. In accordance with the law, each of them has the right to apply to the court. The State Fund is ready to stand before the court instantions to ensure fair pension for each citizen," Muslimov said.
Today, these people have not applied to the court yet.
Check for negative facts while giving pensions are held within reforms of the pension insurance system.
Complete transition to accounting of pensions at the expense of accumulated experience is planned to be implemented upon this system.
Though it was stated before about plans to introduce two systems of accounting of pensions - according to seniority and payment of remuneration. However, under amendments to the law "Labor pensions," there is no choice for accounting of a pension through a salary.
"Accounting of a pension through accumulated experience concerns people having reached retirement age since 2010. At present, the Social Fund develops legal basis to solve the issue of fair accounting of pension for retirees till time," Muslimov said.
There are 1.3 million pensioners in Azerbaijan today. The major part of pension hits 75 manat.
On October 28, the official exchange rate is 0.8033 manat to $1.