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