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.