YEREVAN, June 10. /ARKA/. Armenia's Deputy Minister of Labor and Social Affairs Tatevik Stepanyan said at a government meeting today that starting from July 1, 2021, all pensioners in the capital Yerevan and in the second and third largest towns of Gyumri and Vanadzor will start receiving  their pensions on their bank cards.

The shift  to a non-cash method of payment of pensions with some exceptions stems from a package of amendments to the Law On State Pensions, approved by the parliament on June 18, 2020.

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Tags: Armenia, cashless, payment, PENSION

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VTB Bank (Armenia) has launched a new service – it will provide pension statements via all its ATMs, the press office of the bank reported on Thursday

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Tags: ATMs, PENSION, VTB Bank (Armenia)

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Armenian Bank Anelik said it will revise the salaries of its staff upward ‘in order to compensate’ their mandatory payments to pension funds

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Tags: Armenia, Bank Anelik, PENSION

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Funded pension system in Armenia has no alternative, Armenia’s Prime Minister Tigran Sargsyan said Wednesday

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Tags: Armenia, PENSION, PRIME MINISTER

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Central Bank of Armenia (CBA) became the member of International Organization of Pension Supervision (IOPS)

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Tags: Armenia, CBA, IOPS, MEMBER, PENSION

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Private accumulative pension funds will start to operate from January 1, 2011 in Armenia, said Tigran Sargsyan, Armenian Prime Minister during the board meeting of fund of trustees of national competitiveness.

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Tags: Armenia, FUNDS, PENSION

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