By what amount will pensions increase?


President Ilham Aliyev signed a decree "On the indexation of labor pensions."
Yeniavaz.com
reports that the Ministry of Labor and Social Protection of the Population has published information about the decree.
According to the new decree by President Ilham Aliyev, all pensions will be indexed by 9.3 percent starting January 1 of this year, in line with the annual increase in the average monthly salary for 2025.
"The indexation increase to pensions applies to all pensioners, that is, 1.1 million pensioners, and an additional 640 million manat is allocated annually for these increases," the decree states.
It should be noted that the minimum labor pension in Azerbaijan is 320 manat. Currently, those receiving the minimum pension will receive a pension of 349 manat and 76 kopecks starting January 1. The January increase (29.76 manat) will be paid along with the February pension (349.76 manat).
According to the corresponding calculation, the pension of recipients of 350 manat will increase by 32 manat and 55 kopecks, the pension of recipients of 400 manat will increase by 37 manat and 20 kopecks, and the pension of recipients of 450 manat will increase by 41 manat and 85 kopecks.

Elnur Ali

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