17:00 - 5.02.2024

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February 5, Fineko/abc.az. 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.

ABC.AZ reports that Deputy Minister of Labor & Social Protection Anar Kerimov said about this at a press conference on the issue of pension indexation.

He noted that the allowances for January will be paid together with the pension for February.

President Ilham Aliyev signed an order today on the indexation of all types of pensions by 11.2%. It is planned to allocate an additional 630 million manats for indexation, designed for 1.1 million pensioners, this year.