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  • Pensions To Increase In January

    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.
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