Document from CIS Legislation database © 2003-2022 SojuzPravoInform LLC


of January 26, 2015

About indexation of insurance part of work pensions

Being guided by Item 32 of article 109 of the Constitution of the Azerbaijan Republic, for the purpose of strengthening of social protection of pensioners in the Azerbaijan Republic and according to article 29.2 of the Law of the Azerbaijan Republic "About work pensions" I decide:

1. Charge to the State Social Security Fund of the Azerbaijan Republic according to consumer price index by 2014 for January 1, 2015:

1.1. provide increase in insurance part of work pensions of all types;

1.2. perform indexation of the amounts of the pension capital which are saved up in insurance part of personal accounts in system of personal accounting.

2. To the Cabinet of Ministers of the Azerbaijan Republic to resolve the issues following from this Order.

President of the Azerbaijan Republic

Ilham Aliyev

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