Individual accounts on compulsory social insurance as of February 1 belonged to 2 million 993 thousand 735 people (+0.6% or +17 417 people to the beginning of the year).
According to the press service of the State Social Protection Fund (SSPF), among those who have individual accounts of social insurance, 59.1% are men and 40.9% are women.
According to the State Social Protection Fund, the largest number of persons with individual accounts are working citizens from 30 to 40 years old (24.6% of all social insurance payers), under the age of 33 years - 22% of taxpayers, from 40 to 50 years - 21%, at the age of 50 -60 years- 21.2%, and over 60 years - 11.2% of taxpayers.
Recall the pension reform was held on 1 January 2006, as a result of which the country moved to the use of personalized accounting of social insurance. For each payer in this segment individual accounts are opened, which accumulate paid contributions for compulsory social insurance. --17D-
Economics
-
On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
-
Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
-
Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
-
Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
Leave a review