Revenues and expenses of SSPF for 9 months of this year increased significantly

The chairman of the State Social Protection Fund Salim Muslimov at a meeting of the Cabinet of Ministers on the results of socio -economic development in the first nine months of 2013 and the challenges ahead for the reporting period amounted to income of SSPF 1 billion 978 million manats ( 8 % compared with the same period last year).

As part of the compulsory social insurance employers listed AZN 1.12 bn (+12 %). This is the result of a joint operation of the fund and relevant organizations on registration of the employees , then an additional 600 thousand people registered . Now, the number of insured persons exceeded 2 million 630 thousand

During this time the fund's expenses are equal to 1 billion 890 million manats, 98 % of which is used to finance pensions and benefits (the number of retirees is 13.5 % of the population). Increasing the base portion and the insurance part of labor pensions (except those receiving premium to retirement pension) touched 1 million 209 thousand people. On September 1, the increase was 17.6 % and dostiglo100 manats. In addition, the increased basic pension of 146 thousand people entitled to benefits (increase from 16.5 to 37.5 manat) . On September 1, the basic pension in Azerbaijan in relative terms was $ 128, after which the monthly repayment fund population reached 221 million manats.

In the accounting system of the fund has personal private accounts 44 % of the working population and 60 % of the working population. On July 10 of this year, State Fund began to automated assignment of pensions.

In the first eight months of this year more than 84 thousand people through the portal of "electronic government" used the services of the relevant portal. Recall that the state fund a balanced budget for 2013 is set at 2,632,695,000 manats. - 17D-