In the first 9 months of this year, 5 billion 874 million manats were allocated to pension payments, which is 10 percent (548 million manats) more than in the corresponding period of last year.
This was reported to elchi by the Public Relations Department of the Ministry of Labor and Social Protection of the Population.
It was stated that pensions have been indexed and increased by 9.3 percent since the beginning of the current year. As of October 1, the average monthly pension amount increased by 10 percent compared to the corresponding period of last year, reaching 596 manats, including the average monthly old-age pension amount of 634 manats.
In January-September, 28 thousand, and since the beginning of 2019, when electronic pension assignment began, 206 thousand pension assignments have been carried out proactively through the e-system.