State Social Protection Fund (Azerbaijan)
| Azərbaycan Respublikası Dövlət Sosial Müdafiə Fondu | |
Coat of Arms of Azerbaijan
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| Agency overview | |
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| Formed | September 30, 1992 |
| Headquarters | 80 Hasan Bey Zardabi Avenue, Baku, Azerbaijan Republic AZ1122 |
| Agency executive |
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| Website | www.sspf.gov.az |
The State Social Protection Fund of Azerbaijan Republic (Azerbaijani: Azərbaycan Respublikası Dövlət Sosial Müdafiə Fondu) is a governmental agency within the Cabinet of Azerbaijan in charge of regulating activities in the sector of social insurance and provision of pensions to citizens of Azerbaijan Republic. The agency is headed by Salim Muslumov.
Throughout the Soviet rule, the social insurance and pensions to citizens in Azerbaijan were provided by the state. The Soviet system of pensions was based on no contribution principle with employed citizens not directly contributing to any funds, and the state issuing pensions directly from the state budget or state organizations. In 1990, the Soviet Social Insurance Fund was founded and all enterprises, establishments, organizations, cooperatives, state farms, collective farms and other organizations in the country had to make contributions to this fund. In 1991, by the decree of the Cabinet of Ministers of Azerbaijan SSR, Social Insurance Fund of Azerbaijan SSR was established.
After restoration of independence of Azerbaijan in the second half of 1991, the Azerbaijani branch of the Soviet Pension Fund was transformed into the Pension Fund of Azerbaijan by the Presidential Decree dated December 16, 1991. On June 1, 1992 the National Assembly of Azerbaijan passed a law "On the normative allocations for the Social Insurance and Employment Fund", according to which the social insurance contributions would make 40% of the gross payroll. The Pension Fund was to receive 85% of that amount, while the remaining 15% went to the Social Insurance Fund. In order to improve and modernize the social security system in the country, on September 30, 1992 President Abulfaz Elchibey issued a decree abolishing the Pension Fund and the Social Insurance Fund, and establishing the State Social Protection Fund in their place. Laws on social insurance and pension reforms in 1997 and 2001 further improved the social security system putting it in line with international standards. On August 4, 2003 another Presidential Decree "On measures for improving the state pension system in Azerbaijan Republic", the functions of the Ministry of Labor and Social Protection of Population of Azerbaijan Republic on providing, financing and control over payments of pensions and additional benefits were passed to the State Social Protection Fund. Due to reforms related to the single insurance–pension system in the country through 2006, the servicemen of the Azerbaijan Armed Forces and persons with special ranks became covered by the mandatory social insurance.
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