22714 PENSIONS FIXED IN ARMENIA IN 2007, 56% OF WHICH DISABLEMENT PENSIONS

Noyan Tapan
Feb 12, 2008

YEREVAN, FEBRUARY 12, NOYAN TAPAN. The factual collection of compulsory
social insurance payments made 88.1bn drams (nearly 288m USD) in
2008, including bank payments 85.1bn drams, payments of insurers
by individual state insurance programs 2.9bn drams. As Noyan Tapan
correspondent was informed by the Social Insurance State Fund, the
total amount of social payments collected in 2007 exceeded the 2006
level by 12.1bn drams.

As of January 1, 2008, 522 662 pensioners were registered in the
territorial centers of the Social Insurance State Fund, including
insurance 469 107, social 47 140, military service 12 009 (of which
those receiving double pension 5594). In comparison with the early
2007, the general number of pensioners has reduced by 4 833.

Pension was fixed to 22 714 people during last year, 81% of which
insurance, 19% social. 526 pensions by privileged conditions, 60 of
long-term service, 1 186 partial were also fixed. Disablement pensions
made a large number among newly fixed pensions, 12 684 or 56%.

Last year Fund’s Hot Line Service and its territorial centers received
10 500 application-complaints, 6 252 out of which on restoration of
pension payment.

It was also mentioned that 618 082 individual reports and 203 783
bids of opening individual accounts were presented to the Fund
in 2007. As of January 1, 2008, 1 685 734 individual reports were
presented by 52 160 insurers, 1 524 697 out of which were entered
computer information base.