RA Social Security Ministry Unaware Of Pension Payment Delay

RA SOCIAL SECURITY MINISTRY UNAWARE OF PENSION PAYMENT DELAY

PanARMENIAN.Net
03.03.2009 18:38 GMT+04:00

/PanARMENIAN.Net/ The plummeting of Armenian currency resulted in
pension payments delay.

The authorities responded pensioners demands by assuring that the term
of payments will be determined today. According to RA legislation,
pension payments are to be effected within 10 days of each month’s
beginning.

"Pensions have always been distributed on time for already 5 years,"
Head of Employee Retirement Income Security Department at the
Armenian Ministry of Labor and Social Protection, Smbat Sahyan told
PanARMENIAN.Net reporter.

Sahyan refused to comment on possible influence of AMD collapse on
pension payments, dubbing it an untimely question.