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In 2014 Over Half Of All Armenia's Pensioners Live Below Poverty Lin

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  • In 2014 Over Half Of All Armenia's Pensioners Live Below Poverty Lin

    IN 2014 OVER HALF OF ALL ARMENIA'S PENSIONERS LIVE BELOW POVERTY LINE

    January 21, 2014 | 19:24

    YEREVAN. - In 2014 more than a half of all Armenia's pensioners live
    below the poverty line, shows the data provided by Labor Minister
    Artem Asatryan.

    Last autumn the Minister pledged increase in annual pensions by
    nearly 15 percent. The average retirement pension will be increased
    from 31,300 in 2013 to 36,000, the Minister said.

    The number of poor pensioners will decline, nevertheless it remains
    high.

    The data shows 292,000 pensioners live behind the poverty line. If
    the total number of pensioners reaches nearly 540,000, it appears
    that around 54% of pensioners live behind the poverty line.

    http://news.am/eng/news/190315.html

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