In Azerbaijan, same as mothers, fathers will also have the right to receive an old-age labor pension under favorable conditions for children, this was reflected in the amendment to the law "On Labor Pensions" approved by President Ilham Aliyev, Ednews reports.
The list of conditions providing benefits will include cases related to children who have lost their parents or are deprived of parental care.
According to Article 7 of the law, men who reach the age of 63 and women who reach the age of 60, regardless of their length of service, are entitled to a labor pension if the pension capital accounted for in the insurance part of the individual personal account provides pension benefits not lower than the minimum size of the labor pension.
Suppose this does not allow for pension provision. In that case, individuals with insurance length of service of at least 25 years (except for those granted an old-age labor pension before July 1, 2017, except an old-age labor pension) have the right to an old-age labor pension.