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  • Will Pensions and Benefits Rise?

    WILL PENSIONS AND BENEFITS RISE?

    Azat Artsakh - Nagorno Karabakh Republic (NKR)
    21 Dec 04

    Pensions will grow since January 1. The basic pension will grow
    from 3000 to 4000 and the value of each year of service from 140 to
    160. Simultaneously the funeral benefit will be increased as well. The
    funeral benefit is the basic pension multiplied by 25 and connected
    with the raise of the basic pension in the coming year the funeral
    benefit will total 100 thousand drams. The unemployment benefit will
    be increased, too. Against the 3900 drams in 2005 the unemployment
    benefit will total 9 thousand drams in 2005. The benefit of disabled
    workers will be increased as well. The minimum benefit will total
    20 percent of the minimum salary (15 thousand drams). The percentage
    will increase according to the degree of disability. On the occasion
    of the 60th anniversary of victory in the Great Patriotic War on
    May 9 of the coming year the sums paid to the veterans of war will
    increase. According to the NKR minister of social security Lenston
    Ghulian, the disabled of the World War II and the Artsakh war will
    receive 20 thousand drams, the participants 17 thousand, and persons
    equalized to them 15 thousand.

    SVETLANA KHACHATRIAN.
    21-12-2004
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