Azerbaijan and EU develop pension and insurance reform

Azerbaijan and EU develop pension and insurance reform

Elman Mekhtiyev, President of the State Fund for Social Protection of Azerbaijan, said that Azerbaijani experts were working with partners from Latvia and Germany to develop a new pension and insurance project, Trend reports.The project will become the platform for development of private pension funds, implementation of accumulative components of the pensions system. Mekhtiyev noted that an agreement on realization of the project will soon be signed.

Elman Mekhtiyev, President of the State Fund for Social Protection of Azerbaijan, said that Azerbaijani experts were working with partners from Latvia and Germany to develop a new pension and insurance project, Trend reports.

The project will become the platform for development of private pension funds, implementation of accumulative components of the pensions system. Mekhtiyev noted that an agreement on realization of the project will soon be signed.

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