2024-05-20 12:21:11
In line with preliminary knowledge from the Ministry of Labor and Social Safety of the Inhabitants of the Republic of Azerbaijan, in January-March of this yr, the quantity of funds allotted to finance pensions and advantages elevated by 13.8 % in comparison with the corresponding interval final yr and reached 1652.1 million manats.
The State Statistics Committee reported this to Day.Az on Thursday.
97.6 % of the funds spent have been pension bills. As of April 1, 2024, 1097.3 thousand pensioners have been registered with the State Social Safety Fund, which is 10.8 % of the nation’s inhabitants.
Of those, 64.2 % obtain an old-age pension, 23.5 % obtain a incapacity pension, and 12.3 % obtain a survivor’s pension. The typical month-to-month quantity of assigned pensions elevated by 13.5 % in comparison with the corresponding interval final yr and by 11.2 % in comparison with the start of this yr and amounted to 490.7 manats, which is the same as 49.8 % of the typical month-to-month wage.
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