Social insurance

Russian women's retirement age softened

Russia's State Duma adopted amendments proposed by Russian President Vladimir Putin to raise the retirement age for women by five years instead of eight under pension-reform legislation that has prompted large protests. The …

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Russia's VAT rate hike bill passed in second reading

Russia’s State Duma passed the bill on raising value-added tax (VAT) to 20% from 18%, starting from 2019, in the second reading today.  The insurance contributions are currently paid in full at a rate of 30% for an …

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Russia's government raises retirement age and VAT

Russian Prime Minister Dmitry Medvedev said the retirement age and value-added tax (VAT) will be raised in Russia.  The PM said that the Russian government proposed to raise the retirement age to 65 for men …

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Azerbaijan increases retirement age to 65 years

Today Azerbaijani Parliament has approved the amendments to the Law on Labour Pensions. Introducing the document, the Deputy Minister of Labour and Social Protection, Idris Isayev, said that the increase will be …

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Moscow and Baku agree on pensions and labor migration

Azerbaijan and Russia will sign two bilateral agreements on cooperation in the spheres of pension provision and labor migration, the Minister of Labor and Social Protection of Azerbaijan’s Population Salim Muslimov said at …

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Will Russia's retirement age to increase from 2019?

The Russian government is discussing a retirement age increase by 3 months a year for men under 65 and for 6 months a year for women under 60 starting from 2019, the Director of the Russian Pension Fund, Anton Drozdov, said. …

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UN and ICMPD to help Armenia with migrants and borders

The International Centre for Migration Policy Development  (ICMPD) and the United Nations Development Programme (UNDP) signed a project cooperation agreement for the project “Support to Migration and Border Management in Armenia” …

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Azerbaijan pays pensions ahead

Today it became known that in Azerbaijan the financing of pensions for September completed ahead of the schedule, this was told by the Head of the Department of Public Relations of the Ministry of Labor and Social Protection of Azerbaijan, …

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 Armenia’s monthly subsistence level decreases

Armenia's monthly subsistence level in average prices in the end of the second quarter of 2016 decreased by 6.5% from the same time span of 2015 to 55,703 drams, the Armenian National Statistical Service said. According to it, the …

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Sochi to resettle 400 residents from damaged houses

394 residents of damaged houses in Sochi will receive new apartments in late 2016. According to the press service of the city administration, the residents will receive an apartment of equivalent area if they have tenancy agreements. …

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