The amount of allowance to be allocated for retirement and allowances has been determined

"5 billion 907 million manats, or 650 million manats more than the current year, will be allocated to the financing of pensions, 170 million manats will be allocated to benefits at the expense of the compulsory state social insurance fee."

"2023 State Budget of the Republic of Azerbaijan About Atatürk" by the National Assembly's Youth and Sports, Labor and Social Policy, Agricultural Policy, Regional Affairs, Natural Resources, Energy and Ecology Committees. Minister of Labor and Social Protection of the population Sahil Babayev said at a joint meeting, Qazet.az reports.

Noting that the average monthly pension in the current year is 371 manats, and the average pension by age is 400 manat, the Minister said, "We estimate that the average monthly pension will exceed 420 manats."