He noted that the Fund has sufficient financial stability.
Mehdiyev recalled the amendments recently made by the parliament to the budget of the State Social Protection Fund for 2016.
“Funds will be allocated from the state budget and SSPF’s social insurance agency. This gives grounds to say that the pension system will have sufficient financial stability,” he added.
Monthly pensions in Azerbaijan financed ahead of schedule
26 February 2016
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The financing of monthly pensions in Azerbaijan are conducted ahead of schedule, Elman Mehdiyev, chairman of the State Social Protection Fund (SSPF), told reporters on Friday.
