MP: Pension capital to be increased in accord with inflation rate for 2023

Azerbaijan and Türkiye to cooperate in pension sector

The Ministries of Labor & Social Protection of Azerbaijan and Türkiye are negotiating cooperation in the field of pensions and pension provision, social protection.

List of documents updated – Decision

Average monthly pension in Azerbaijan to reach 485 manats

In Azerbaijan, it is projected to increase by indexing the size of the average monthly pension from 436 to 485 manats, and the average monthly old-age pension from 467 to 519 manats.

Requirements for residence permit in Azerbaijan are as follows – Amounts

The requirements and amounts imposed on foreign entrepreneurs, company executives and investors to obtain a temporary and permanent residence permit in Azerbaijan have been clarified.

Amount of labor pension increased

Pension increases for January will be paid together with the pension for February.

Labor pensions to be indexed – President signed an order

Labor pensions will be indexed.

Armenia's "US visa" index is at level of Turkmenistan

The most of U.S. visa applicants are refused.

Every 3rd citizen of Azerbaijan applying for a visa to U.S. is refused

Every 3rd of the persons from Azerbaijan, wishing to visit the U.S. and, accordingly, applying for a visa, is refused.

Disability assigned to 50,700 Azerbaijani citizens in 2023

Last year, 50,700 citizens in Azerbaijan were assigned disability.

DOST centers to open in two more regions in near future

Opening of the Nakhchivan DOST Center is planned in the near future.

“Azerbaijan Children Hotline” receives nearly 4500 requests within the year of 2023

Will foreigners engaged in entrepreneurial activity be allowed to live in Azerbaijan?

New requirements have been established for foreigners to obtain a residence permit based on legal entities and entrepreneurial activities with foreign investments.

10.8% of population receive pensions in Azerbaijan

At the beginning of 2024, 10.8% of the country's population received pensions.

ASAN xidmət centers to be established in 3 more districts

Taking into account the projected number of applications and favorable geographical location, the expediency of establishing ASAN xidmət centers in Agdam, Lachin and Jabrayil districts was established.

Baku population exceeds 3 million people

Issue of lowering retirement age of women is not on agenda

The issue of reducing the retirement age of women is not on the Ministry's agenda.

MP: Pensions to increase in accordance with percentage of growth of average monthly salary

Pensions will be indexed and increased from January in accordance with the percentage of growth recorded in the amount of the average monthly salary for 2023

Private pension fund to be established in Azerbaijan

Regulatory documents have been prepared for establishment of a private pension fund in Azerbaijan.

Pensions to be indexed by 10.8%

Pensions are to be indexed by 10.8% in Azerbaijan in 2024.

Azerbaijani citizens to be able to obtain entry visa to Iraq right at border

Azerbaijani citizens will be able to obtain entry visas at the border points of this country when traveling to Iraq.