BAKU, Azerbaijan, February 9. Labor pensions in
Azerbaijan will be indexed, following a decree signed by President
Ilham Aliyev, Trend reports.
Under the decree, the Ministry of Labor and Social Protection of
the Population of the Republic of Azerbaijan is instructed to index
the following amounts by January 1, 2026:
- The insurance portion of labor pensions assigned up to January
1, 2026, adjusted in line with the annual growth rate of the
average monthly nominal wage for 2025, as determined by the State
Statistics Committee of the Republic of Azerbaijan. This applies to
pensioners receiving service-based supplements, with the total
amount including these supplements and any material benefits
incorporated into pensions since January 1, 2023.
- Pension capital amounts recorded in the insurance portion of
individual personal accounts of the insured, adjusted according to
the annual consumer price index.
The Cabinet of Ministers of the Republic of Azerbaijan is tasked
with addressing any issues arising from the implementation of this
Order, which takes effect on January 1, 2026.
Will be updated