Twice Reduced Purchasing Power of 1.3 Million Seniors

By January 1, 1,295,900 people receiving retirement pension were registered in Azerbaijan.

According to the State Social Protection Fund (SSPF), a year ago there were 5,000 fewer.

Taking into account the devaluation of 100% in 2015 and the fact that currently the average monthly retirement pension is 176.03 manat, and the labor pension for age is 196.08 manat, the purchasing power of this population decreased by half.--17D-

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