Pensions in Armenia will not increase by the previously announced 1,000 AMD from January 1, 2027, following the government’s decision to abandon proposed changes to funeral benefit payments.
The information was confirmed by Nver Kostanyan, spokesperson for the Ministry of Labor and Welfare, in response to an inquiry from Auroranews.am.
Why Was the Pension Increase Canceled?
According to Kostanyan, the ministry had proposed changes to the funeral benefit system to make financial assistance more targeted.
The proposed reforms were expected to free up additional state budget funds, which would then be used to finance the planned pension increase.
However, the government has decided not to proceed with the changes.
As a result, the existing funeral benefit payment procedures and the categories of eligible recipients will remain unchanged.
Kostanyan explained that without the anticipated savings, the additional funding required for the proposed pension increase will not become available.
Funeral Benefits Will Remain Unchanged
Earlier, Minister of Labor and Welfare Torosyan announced that the current funeral benefit system would be preserved, allowing eligible citizens to continue receiving payments under the existing conditions.
While this decision maintains the current financial support arrangements for funeral expenses, it also means that the planned 1,000 AMD pension increase will not take effect on January 1, 2027.
The ministry’s explanation concerns this specific increase and does not establish whether other pension adjustments may be considered in the future.
