The new minimum pension amount in Azerbaijan effective February 1 has been announced

As part of the new package of social reforms implemented since the beginning of this year, pension increases are planned, and starting from next month, all pensions will be paid at increased rates.

According to Baku.ws, the increase will be implemented in two main directions.

Firstly, pensions will be indexed and increased from the beginning of the year, and secondly, from February 1, pensions below 320 manats will be raised to the level of 320 manats.

Thus, from February 1, all pensions will be paid at increased rates and not less than 320 manats.