The Azerbaijan Army jointly with the representatives of the local executive authorities and public structures will hold several events on the occasion of the celebration of 28 May – the Republic Day, Ministry of Defense of Azerbaijan told AZERTAC
Society 28 December 2020, 17:30 202
The Azerbaijani parliament considered a bill of the law ‘On workplace pensions in Azerbaijan’ at the meeting held on Dec.28, Trend reports.
The main essence of the amendments is to strengthen the principles of social insurance when assigning pensions, combining additional payments to pensions for certain categories of persons with presidential pensions, extending the grace period regarding the length of service for another two years, improving legislation by deepening reforms in the field of electronic assignment of pensions.
The new bill proposed to abolish the law’s Article 19, since the allowances to the insurance part of the workplace pension provided for in it weakened the principles of social insurance in the pension system, and highly complicated their funding process.