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GOVERNMENT INCREASES PENSIONS


MosJan

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GOVERNMENT INCREASES PENSIONS

The Armenian government approved on Thursday a slight increase in the monthly pensions. The decision sets the basic pension amount at 3,000 Drams (less than $6) instead of the previous 2,860 Drams. Each year of service will add to it 60 Drams. The decision which enters into effect from January 1 next year actually adds 800 Drams to pensions.

 

 

Members of the Armenian Revolutionary Federation (ARF), which earlier this year proposed a similar measure, opposed by the government, were also invited to take part in discussions.

 

 

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