Pension provision of Azerbaijanis in Sweden under discussion
Azerbaijan, Baku, June 9 / Trend, A.Akhundov /
The Azerbaijani State Social Protection Fund (SSPF) and the Swedish Social Insurance Agency will discuss pension provision of Azerbaijani citizens residing in Sweden, the SSPF chairman Salim Muslimov told journalists on Thursday.
A delegation headed by Director General of the Swedish Social Insurance Agency Adriana Lender is on visit to Azerbaijan from June 8 to 12.
"According to official data, 156 Azerbaijani citizens reside in Sweden, while according to unofficial data, more than 20,000Azerbaijanis reside there. Their social rights and their future pension provision after returning to Azerbaijan should be discussed," Muslimov said.
In addition, he said, the state program on the development of the pension system in Azerbaijan for 2009-2016 envisages creating private pension funds, and in this regard experience of other countries, such as Sweden, is being examined.
"Recently, our delegation visited Germany, Turkey, Poland and Estonia, and the delegation is expected to visit Kazakhstan to get acquainted with its experience. We will also discuss this issue with the Swedish delegation," Muslimov underscored.
Lender said the Swedish Social Insurance Agency and the SSPF have been discussing social security and pension provision already for several years.
"Pension system in Sweden has a long history, but it is not still perfect, so we are interested in developing such a system in Azerbaijan, especially technologically," Lender said.
She said countries such as Azerbaijan can begin to build a system using the latest technologies at once, whereas in countries, where they were built long ago, technologies have become obsolete.
Labor pension consists of two parts - basic and insurance in Azerbaijan. At present, the basic pension is 85 manat in the country.
The official exchange rate is 0.7887 manat to $1 on June 9.