PENSIONS TO INCREASE IN JANUARY

Panorama.am
18:52 30/08/2007

Today the government decided to raise pensions, the minimum of 4,250
rising to 6,800, and one-year insurance from 230 to 375. According
to government press services, pensions will rise some 60%, reaching
20,000 dram. This will become law on January 1, 2008.

Changes were also determined in the June 13 2003 governmental decision
concerning pensions, which also ensured the social needs of those
serving in the armed forces and their family members, a minimum
of 3,000 dram rising to 4,000, allowing the minimum amount allowed
various army staff members to also rise.