Azerbaijan's average monthly pension forecast to reach 639 manat in 2027

Azerbaijan's average monthly pension forecast to reach 639 manat in 2027
Photo: Trend

The average monthly labour pension in Azerbaijan is forecast to reach 639 manat in 2027. The figure is outlined in the draft law on the State Social Protection Fund's 2027 budget, Trend news agency reports.

According to the document, the average monthly pension amount will rise by approximately 7.5 percent compared with the 594.4 manat expected in 2026. Forecasts show that the total number of labour pensioners in Azerbaijan will reach 1,103.32 thousand people in 2027. Of them, 718.39 thousand will receive pensions due to age, 246.28 thousand due to disability, and 138.65 thousand due to the loss of a family breadwinner.

The document also envisages that pension expenditure for 2027 will amount to 8,669.43 million manat.

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This story was automatically summarised and translated from Trend. All rights to the story belong to its source.

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