How Pensions and Benefits Will Be Distributed: Details

In order to ensure the smooth process of distributing pensions and benefits, the Ministry of Labor and Social Affairs of the Republic of Armenia is negotiating with Haypost CJSC regarding the deployment of employees who will personally visit beneficiaries to deliver pensions and benefits received in cash at their place of residence, the government reports.

There is no need to visit a Haypost branch. Additionally, a draft is being prepared and circulated providing that if certain actions in the pension and benefit sector have deadlines expiring in March and April 2020, the deadlines for fulfilling the corresponding obligations will be legally extended until May 31, 2020. There is no need to visit social security services for this purpose.

The draft also proposes to extend the deadline for presenting to the bank for pensions if it expires before April 30 of this year and the pensioner is in the Republic of Armenia. There is no need to go to the bank for this purpose.

The Ministry of Labor and Social Affairs of the Republic of Armenia reports that there is no anticipated delay in the payment of pensions and benefits, and the process will be carried out on time and in accordance with the law.