In Azerbaijan, in 2023, the predicted average monthly size of labor pensions will reach 422 manat, which is 52.6 manat or 14.2% more than in 2023 (369.4 manat), the Accounts Chamber for the draft budget said State Social Protection Fund for 2023.
According to the document, the average monthly amount of labor pensions in 2019 amounted to 263.59 manat, in the first half of 2020 – 297.85 manat, at the end of 2020 – 302.24 manat, in the first half of 2021 – 328.77 manat by the end of the same year – 331.75 manat, 367.98 manat – in the first half of 2022 and will amount to 369.4 manat at the end of this year.