BAKU, Azerbaijan, February 9. Labor pensions in
Azerbaijan will likely be listed, following a decree signed by President
Ilham Aliyev, Pattern stories.
Underneath the decree, the Ministry of Labor and Social Safety of
the Inhabitants of the Republic of Azerbaijan is instructed to index
the next quantities by January 1, 2026:
– The insurance coverage portion of labor pensions assigned as much as January
1, 2026, adjusted in keeping with the annual development charge of the
common month-to-month nominal wage for 2025, as decided by the State
Statistics Committee of the Republic of Azerbaijan. This is applicable to
pensioners receiving service-based dietary supplements, with the entire
quantity together with these dietary supplements and any materials advantages
included into pensions since January 1, 2023.
– Pension capital quantities recorded within the insurance coverage portion of
particular person private accounts of the insured, adjusted in line with
the annual shopper value index.
The Cupboard of Ministers of the Republic of Azerbaijan is tasked
with addressing any points arising from the implementation of this
Order, which takes impact on January 1, 2026.
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