Pensions will not increase by 1,000 drams starting January 1, 2027 — Ministry of Labor and Social Affairs

Pensions will not increase by 1,000 drams starting January 1, 2027, the Ministry of Labor and Social Affairs of the Republic of Armenia stated in response to an inquiry from "Pastinfo."

Minister Arsen Torosyan announced today that the procedure for paying funeral allowances will remain unchanged. Consequently—as Nver Kostanyan, the Ministry’s press spokesperson, noted in a conversation with "Pastinfo"—no budgetary funds will be saved; therefore, pensions will not increase by 1,000 drams as of January 1, 2027.