Pensions in Azerbaijan are indexed every year on January 1 according to the annual growth rate of the average monthly salary. According to the State Statistics Committee's report, the average nominal monthly salary of wage workers increased by 3.8 percent in January compared to the same month of 2025.
Medianews.az reports that the final figure will be announced in February 2027.
In the country, men retire at the age of 65, women at 64 and a half years old. From July 1, 2026, the retirement age for women will also rise to 65.
The minimum pension amount is 320 manat.
According to the law, to be eligible for pension appointment, either 25 years of insurance experience or a minimum pension capital is required. The minimum pension capital is calculated by multiplying the minimum pension indicator (320) by the number of months of expected pension payment period (12 years) (144), currently amounting to 46,080 manat.
From January 1, 2006 to July 1, 2018, any person who has accumulated pension capital of any amount and has at least 1 year of insurance experience is granted a pension; otherwise, a person who has reached the retirement age is given a monthly allowance of 220 manat due to age.