Indicators of 6 months
3 billion 234 million manats were allocated to pension payments, which is 14 percent (391 million manats) more than in the corresponding period of last year in January-June of the current year.
As the next step in the direction of pension increase, from January 1, 2024, all pensions will be increased by indexing by 11.2 percent in accordance with the annual growth rate of the average monthly salary for the last year.
During the reporting period, the average amount of pensions for the country increased by 13% to 491 manats, and the average amount of age-related pensions was 525 manats.
It should be noted that 22,000 in the last 6 months and 124,000 pension determinations have been made proactively through the e-system since the beginning of 2019, when electronic pension determination was started.
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