Notice on Pension Payment

The Unified Social Service informs that the pension payments for July 2022 will start on June 4. As previously reported, from July 1, 2022, citizens receiving pensions or benefits in cash who perform transactions with payment cards and payment accepting devices at retail points and service providers operating in the Republic of Armenia will receive a refund of 10% of the total amount of transactions made in the following month (but not exceeding 5,000 drams).

The process of joining the state-private social interaction initiative will be continuous. Willing banks can continue to apply to the Ministry of Labor and Social Affairs to join the initiative. Currently, VTB Bank Armenia, Ardshinbank, and Haybusinessbank have already participated in the program. The ministry will regularly update the list of partner banks according to changes in the list.