Old-age pensions to reach 455 manats in 2023

12:34 - 23.11.2022

November 23, Fineko/abc.az. The retirement pension is expected to reach 455 manats next year.

ABC.AZ reports that Milli Majlis Labor & Social Policy Committee’s chairman Musa Guliyev stated about this at Committee’s regular video-format meeting.

He added that in compliance with the Bill on the Budget of the State Social Protection Fund for 2023, next year both income and expenses of the SSPF will be at the level of AZN 6.3 bn.

The average monthly pension will amount to 423 manats, the age pension – 455 manats, disability pension – 369 manats, breadwinner loss pension - 374 manats.

Other news