It is not expedient to increase pension age in Azerbaijan in the coming 8 years, Chairman of the State Social Protection Fund Salim Muslumov said at the international conference Azerbaijan-2020: vision into the future.
‘According to calculations of the Fund, the current pension age will be expedient by 2020. That is, pension age for men must be maintained at the age of 63, for women – 60’, noted Muslumov.
Muslumov stated that in 2020, the period of existence of country citizens in retirement system will make 16.4 years. For men this period will make 10 years, for women – 21 years. In 2020, the average life expectancy for men will be 73 years, for women 81 years.
APA