Pensions will increase by only 5.7 percent

Business

12:35 | 11.02.2018

Minister of Labor and Social Protection of Population Salim Muslimov today commented on the President's decree on increasing the insurance part of pensions. They will be increased in accordance with the growth rate of the average monthly salary in 2017.

"In 2017, the growth rate of the average monthly wage was 5.7 percent, according to which the pensions will be increased by 5.7 percent," the minister said. He said that pensions for February will be calculated with consideration of the increase in pensions in January and February.

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Pensions will increase by only 5.7 percent

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