2024-06-06 21:33:55
In keeping with amendments to the legislation “On Labor Pensions” launched in 2017, the retirement age of ladies will likely be prolonged by one other 6 months from subsequent month.
Vugar Bayramov, a member of the Azerbaijani Milli Majlis (Parliament) Committee on Financial Coverage, Business and Entrepreneurship, wrote about this on his social community account, Day.Az stories.
“We suggest to introduce a differentiated mechanism concerning the retirement age and set up a distinction between the retirement ages of women and men. It will be advisable if girls retired earlier, as in a variety of developed international locations, together with within the international locations of Central and Jap Europe. To start with It will be important that girls’s retirement age be decrease than males’s when it comes to their social safety. On this regard, we beforehand proposed sustaining the retirement age for girls at 63, since girls have a higher want for social safety, particularly in outdated age.
However, the official wages of males are roughly 2 instances increased than these of ladies. Which means girls’s pension financial savings are comparatively small. Due to this fact, we suggest to multiply this quantity by a particular coefficient when a girl reaches retirement age. If a girl’s pension capital is 40 thousand manats, then this determine could be multiplied by an element of 1.5. On this case, the pension capital will likely be 60 thousand manats. We imagine that making use of a differentiated strategy from a gender perspective on the subsequent stage of pension reform could be fascinating within the context of social safety,” Bayramov notes.
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