From January 1, 2022 On December 29, President Ilham Aliyev signed a law On Amendments to the Law “On Labor Pensions”.

According to the amendments, from January 1, 2022, the size of labor pension will be raised from 200 to 240 manats.

The increase covers 65 thousand pensioners. Of these , 44 thousand . these are currently existing pensioners. Another 21 thousand are persons who will retire after December 31, 2021. There are 1.2 million pensioners in the country.

Source: Turan News Agency