Pension-insurance system to be fully automated in 2012

Pension-insurance system to be fully automated in 2012

Activity of the Azerbaijani State Social Protection Fund will be fully automated in 2012, the Head of the State Social Protection Fund Salim Muslimov said at a presentation of a new electronic reporting system and obligatory social insurance payments on Friday.

"The use of electronic reporting systems and new electronic services will form electronic individual accounts for insured persons," Muslimov said.

At present, about 1.93 million insured persons have been insured in a personal accounting system within the fund.

"Proper information about paid state royalties in social insurance plays an important role in determining a future pension," Muslimov said.

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