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

17:21 - 8.02.2024

February 8, Fineko/ According to the decree signed by President Ilham Aliyev, all types of labor pensions will be increased in accordance with the percentage of average monthly wage growth in 2023.

ABC.AZ was informed by MP Vugar Bayramov.

He noted that in accordance with this indicator, an increase in the insurance part of labor pensions assigned before January 1, 2024 will be carried out in respect of labor pensioners who have been assigned superannuation allowances - the amount established together with these allowances and material assistance included in labor pensions from January 1 January 2023. And the pension capital will be increased in accordance with the inflation rate for 2023.

By Elmir Murad

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