Number of foreign payers of compulsory social insurance in Azerbaijan increases by almost 16%
Azerbaijan, Baku, October 25/Trend, A. Akhundov/
The number of foreigners registered in Azerbaijan through the individual registration system of the State Social Protection Fund (SSPF) increased by 15.6 per cent in the first nine months of 2013, a message from the SSPF published on Friday said.
According to the message, as of October 1, the number of foreigners registered through the individual registration system increased to 16,297 people.
The foreigners registered through the individual registration system in Azerbaijan are citizens of 99 countries. The majority of them are Turkish citizens (9,498 people). Georgia is ranked the second on this list with 1,762 people, and Russia is third with 827 people.
They are followed by the citizens of Iran - 532 people, China - 396, India - 399, Great Britain and Northern Ireland - 240, Uzbekistan - 185, Pakistan -151, Germany - 143, Ukraine -139, Bosnia and Herzegovina - 129, Philippines -123, Italy - 111 people , Turkmenistan - 106, Kazakhstan - 107, USA - 101 people, Malaysia - 91 and other countries.
A decree of the President of Azerbaijan on the endorsement of the law 'On individual registration in the state social insurance system' was signed in December 2001.
Individual registration envisages the organization and accounting of data about each insured person to provide pension and other social security rights in accordance with the laws of the country.
Compulsory state social insurance coverage of foreigners receiving salaries from sources of income in Azerbaijan as well as income, from which contributions are paid on compulsory social insurance, started in January 2006.