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On Oct. 27, the Parliament of Azerbaijan ratified the amendments to the Law on labor pensions in order to increase the retirement age. According to the chairman of the parliamentary committee on social policy Hadi Rajabli, the age limit for men will rise by six months each year from 1 January 2010 to 1 January 2012, women – from 1 January 2010 to 1 January 2016, thus, being determined at around 63 and 60 years respectively.
According to the law, the right to labor pension is given to men aged 62 years and women aged 57 years, if they have 12 years length of service (excluding those for whom pension was appointed before the law came into force). “The terms will also be changed for retirement and the level of benefits for mothers of large families, parents with children with disabilities, single fathers, as well as retirement for disability,” said Rajabli.
The retirement age of women who brought up a child with disabilities up to eight years of age, and mothers with five or more children, with a minimum of 10 years of work experience, was reduced by 5 years.
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