Pensions will not be increased, as the Ministry of Labor and Social Affairs has dropped its initiative to revise the procedure for paying funeral allowances.
“We had announced that funds allocated for funeral allowances would be redirected toward increasing pensions. However, following concerns raised by various parties, the Ministry of Labor and Social Affairs decided not to proceed with the measure at this time.
Consequently, these funds will not be reallocated for that purpose, which I consider a logical decision,” Finance Minister Vahe Hovhannisyan told journalists during a briefing at the National Assembly.
Labor and Social Affairs Minister Arsen Torosyan had previously announced that the procedure for paying funeral allowances would remain unchanged.
The allowances will continue to be provided under the existing procedure, and the draft proposal previously submitted for public discussion will not be introduced in the National Assembly.
