61,967 ARMENIAN CITIZENS APPLY FOR DEPOSIT COMPENSATION
Noyan Tapan
May 22 2006
YEREVAN, MAY 22, NOYAN TAPAN. The process of filing applications to
receive compensation for deposits made with the Savingsbank of the
Armenian Soviet Socialist Republic before June 10, 1993, finished
on May 12. 61,967 Armenian citizens have applied for compensation,
presenting 137,481 saving books.
According to the PR Department of the RA Ministry of Labor and
Social Issues, the lists of citizens eligible for compensation will
be published in the third quarter of 2006, after which the payment
process will start. Prior to it, the database of applicants has to be
clarified by comparing the family benefit database of the ministry
with the information in deposit cards of the Savingsbank. To recap,
only members of the families, which were continuously in various
social groups to receive a family benefit from July 1, 2005, to
April 1, 2006, are eligible for compensation. The payment priority
is determined based on a social group.