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LAW OF THE AZERBAIJAN REPUBLIC

of December 3, 2021 No. 402-VIQD

About the budget of the State Social Security Fund for 2022

Millie Majlis of the Azerbaijan Republic, being guided by Item 5 of part I of article 95 of the Constitution of the Azerbaijan Republic, decides:

Article 1. General indicators of the budget

Budget receipts of the State Social Security Fund for 2022 are approved in the amount of 5 306 770 072, 0 manats, expenses in the amount of 5 306 770 072, 0 manats.

Article 2. Income

Determine that in 2022 the income of the state Social Security Fund is created due to the following receipts:

 

Income sources

The amount (in manats)

1.

Charges on compulsory national social insurance, all

including


4 148 202 903,0

1.1.

on the organizations financed from the budget

1 504 298 579,0

1.2.

on employees of the organizations financed from the budget

205 131 624,0

1.3.

in the off-budget sector

including:

2 438 772 700,0

1.3.1.

on the physical persons who are engaged in business activity

60 000 000,0

2.

Other incomes, all

including:

12 600 000,0

2.1.

Receipts at the partial cost of sanatorium permits

2 060 000,0

3.

The funds allocated from the government budget for financing of obligations of the government budget for the purpose of balancing of the budget of the state Social Security Fund

1 145 967 169,0

Article 3. Expenses

Determine that expenses of the budget of the state Social Security Fund for 2022 are performed in the following directions:

 

Directions of expenses

The amount (in manats)

1.

Expenses on payments to the population

5 133 000 000,0

1.1.

Expenses on payment of work pensions

4 951 000 000,0

1.2.

Expenses on benefits at the expense of fees for compulsory national social insurance

182 000 000,0

1.2.1.

for temporary disability

52 000 000,0

1.2.2.

on pregnancy and childbirth

50 000 000,0

1.2.3.

for the child's birth

20 000 000,0

1.2.4.

in connection with care of children under 3 years

15 000 000,0

1.2.5.

on burial

45 000 000,0

2.

Expenses on implementation of sanatorium treatment and rehabilitation actions of the labor unions of Azerbaijan insured through Confederation

21 500 000,0

3.

The expenses on joint financing of activities of body (organization) for the organization of social servicing of the population determined by relevant organ of the executive authority and also expenses on carrying out banking activities on pension payment and benefits and other payments for services

48 700 000,0

4.

Maintenance costs of the device and other structural divisions of body (organization) determined by relevant organ of the executive authority

102 905 072,0

5.

Expenses on payment of the membership fees in the international organizations

65 000,0

5.1.

Expenses on the membership fees in International association of social providing

35 000,0

5.2.

Expenses on the membership fees in International association of pension and social funds

30 000,0

6.

Expenses on loan repayment on the "Pension and Social Security" project according to the "Credit agreement on development" signed between the Government of the Azerbaijan Republic and International Development Association on September 23, 2004

600 000,0

Article 4. Use of remaining balance

The means which remained on the end of the year on accounts of the State Social Security Fund (including the state and other structural divisions of body (organization) determined by relevant organ of the executive authority), go for financing of expenses of the next year.

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