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More Favorable Coefficient of Rights of Receiving Family Benefits

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  • More Favorable Coefficient of Rights of Receiving Family Benefits

    MORE FAVORABLE COEFFICIENT OF RIGHTS OF RECEIVING FAMILY BENEFITS
    ESTABLISHED FOR LONE PENSIONERS

    YEREVAN, JANUARY 26, NOYAN TAPAN. This year 26 bln 429 mln drams
    (nearly 72.4 mln USD) will be allocated from the state budget for
    family benefit payments against 24 bln 337 mln in 2006. As Astghik
    Minasian, Head of Social Assistance Department of RA Ministry of Labor
    and Social Issues, reported at the January 26 press conference, in 2007
    the average family benefit will amount to 17 thousand drams (in 2006 15
    thousand drams). In her words, it is expected that 125 thousand 400
    families will be included in family benefit system this year. And 130
    thousand out of 182 thousand families registered in family security
    estimation system received family benefits in 2006. Deputy Minister
    Artsvik Minasian said that for receiving family benefits the limit unit
    of family security in 2007 will remain the same, 33.00. In her words,
    the basic part of family benefit will amount to 7500 drams (in 2006 700
    drams) for families not having members aged 18 and below and 7000 drams
    for those having members aged 18 and below (in 2006 7000 drams).
    A.Minasian said that according to the change made in the order of
    estimation of family security, more favorable coefficient was
    established for lone pensioners. Thus, formerly the latters were left
    out of the system due to rise of pension, while in 2007 even in case of
    rise of average pension by 2500 drams they will continue to receive
    benefits. A.Minasian also reported that the families registered in the
    system, in which third child or child following the third will be born,
    starting January 1 2007, will receive one-off benefit amounting to 200
    thousand drams.
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