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Armenia Has 523,000 Pensioners

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  • Armenia Has 523,000 Pensioners

    ARMENIA HAS 523,000 PENSIONERS

    ARKA
    May 12, 2010
    YEREVAN

    On January 1, 2010 some 522,835 Armenian citizens were pensioners,
    according to the latest government data. The National Statistical
    Service said 9,100 of them were military pensioners and the rest,
    518,000 were social and insurance pensioners.

    According to official figures, an average pension in Armenia is 24,500
    Drams or $63.1. Yerevan has the largest number of pensioners- 180,700.

    The least has Vayots Dzor-10,300. Armenia's overall population is a
    little over 3.2 million.

    In late March the government approved more than ten percent increases
    in pensions and poverty benefits to cushion the effects of a 37.5%
    rise in the price of natural gas for Armenian households which took
    effect on April 1. Monthly benefits to low-income households increased
    by 15 percent from May 1. The pension was raised by 11%. It will come
    into effect from November 1.
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