According to official information, as of October 1 of this year, 141.7 thousand people receive old-age benefits in Azerbaijan.
Yeniavaz.com reports with reference to published official information, the monthly old age benefit is currently 220 manat.
For information, starting next year, the minimum cost of living for pensioners is set at 222 manats.
This means that the amount of the monthly benefit due to age is 2 manats less than the subsistence minimum.
As you know, the living wage is a social norm consisting of the sum of the cost of the minimum consumer basket and mandatory payments. The minimum consumer basket is a set of food, non-food goods and services necessary for the minimum level of human health and vital activity, determined on the basis of scientific standards.
As follows from the information, in order for a person who has reached retirement age to continue his life, he will need at least 222 manats per month, starting in January. Since the cost of living is currently 220 manats, this amount should be increased by at least 2 manats from January. Otherwise, the health and livelihoods of 141.7 thousand people will not be ensured even at the minimum level.

Elnur Ali