Legislative acts on establishment of private pension funds developed

Legislative acts on establishment of private pension funds developed
# 24 January 2007 16:38 (UTC +04:00)
Azerbaijan State Social Protection Fund has submitted draft standard acts on non-state pension funds to the President’s Office.
The Fund Chairman, Salim Muslumov, said the acts will be discussed at the parliament. As per the document, the Finance Ministry will license non-state pension funds. The experience of Kazakhstan, Russia and other states are being examined at present. /APA/
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THE OPERATION IS BEING PERFORMED