Labor Minister: Average pension to increase by 5%

17:57 - 14.02.2019


February 14, Fineko/abc.az. The average size of pensions in Azerbaijan is to increase by 5%.

Labor & Social Protection Minister Sahil Babayev has stated that after indexation the average size of pensions will increase from 222 manats up to 228-229 manats, the average size of labor pensions and old-age pensions from 240 manats up to 250 manats.

"If to take into account that minimum labor pension of 233,000 pensioners will increase from 116 manats up to 160 manats from 1 March, then in the coming months we can predict a 5% rise in the average size of pensions," the minister said.

 

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