The pension capital of a person with 50 thousand manats in their individual account will increase by 2800 manats.
Medianews.az reports that this was stated by Deputy Minister of Labor and Social Protection of Population Rashad Mustafayev at a briefing held for media representatives.
According to him, this means that the pension capital increases not only through monthly social insurance contributions but also annually through indexing:
"Our goal is not only one-time increases but a continuous and predictable social security policy."