Azerbaijan to create insurance fund for payment of unemployment benefit

Azerbaijan to create insurance fund for payment of unemployment benefit
# 12 May 2017 11:01 (UTC +04:00)

Labor and Social Policy Committee of the Azerbaijani parliament has today discussed a new draft law on “Insurance against unemployment”, Chairman of the Committee Hadi Rajabli said.

 

According to him, the draft law has been developing for a long time jointly with the Presidential Administration for prevention of unemployment and staff reduction.

 

The draft law, containing 4 chapters and 26 articles, includes the details on creation of insurance fund for payment of unemployment benefits and financing of this fund.

 

 

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THE OPERATION IS BEING PERFORMED