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We will raise salaries and pensions in 2014 - Armenian PM

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  • We will raise salaries and pensions in 2014 - Armenian PM

    We will raise salaries and pensions in 2014 - Armenian PM

    September 28, 2013 | 15:04


    YEREVAN. - As of January 1, 2014, the average pension in Armenia will
    rise by 15 percent, and as of July 1, the wages will rise by 40
    percent.

    Prime Minister Tigran Sargsyan noted the abovementioned during
    Saturday's special Cabinet session.

    The salaries and pensions will be raised on the account of the
    additional revenues that are envisioned in the state budget.

    On his part, Labor and Social Affairs Minister Artem Asatryan said the
    increases in pensions will be different for different groups. Hence,
    the pensions of those that receive low pensions will rise by up to 25
    percent, whereas the pensions of those that receive high pensions will
    increase by a mere 3 percent. In addition, a minimum monthly pension
    of 18,200 drams (approx. $45) will be set.

    In this connection, PM Tigran Sargsyan stated that, by making
    amendments in the law, the pension differences between the groups
    should be lessened.


    http://news.am/eng/news/173473.html


    From: Baghdasarian
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