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Social protection system covers 90.1 percent of the poor in Azerbaijan

Social protection system covers 90.1 percent of the poor in Azerbaijan Political and military events

IIKSS - Azerbaijan allocates AZN 316 million monthly on the social protection of pensioners and recipients of social allowance.
Deputy Minister of Labour & Social Protection Idris Isayev has stated that Azerbaijan has the pension system with 100% coverage, based on the principles of insurance and individual registration of pensioners.
"The social protection system of Azerbaijan covers 1,312 pensioners. Another 506,000 people receive different benefits and 707,000 (162,000 families) - targeted social assistance (TSA). Monthly those people are paid about AZN 316 million," Isayev said.
He points out that according to WB experts’ estimates, the social protection system of Azerbaijan covers 90.1% of the population that can be classified as the category of the poor.
Source: ABC

 

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