Armenia`s Demographic Policy Strategy for 2024-2030 ready in April -  Deputy Ministerf

ArmInfo. Armenia's Demographic Policy Strategy  for 2024- 2030 will be ready in April of this year, as stated by Deputy Minister of Labor and Social Affairs  David  Khachatryan at a meeting of the  NA Standing Committee on Protection  of Human Rights and Public Affairs on March 18.

According to him, the document is currently  in the process of being  generalized. Proposals and initiatives are being received from  various departments that need to be analyzed. A fairly large  package  was received from the Ministry of Finance of the Republic of Armenia.  The strategy will cover four main areas, one of which focuses on  addressing issues related to the adult population. Several programs  are planned  to be implemented in 2025 to address these issues. 

The Deputy Minister reminded that according to the amendments to the  Labor Code, employers cannot dismiss individuals who have reached  retirement age (63 years). Additionally, a draft legislative  initiative is currently being prepared,  expected to be approved by  the government in April, regarding pension payments. This  specifically applies to employed individuals whose pension payments  may be postponed for several years. Thus, if pension payments are  postponed for 1 year, after the specified period the pensioner will  receive not only the full pension, but also a 15% increase, which  will continue in the future. If payments are postponed for 2 years,  the increase will be 30%, and so on. "Currently, there are  approximately 10,000 pensioners in Armenia earning salaries of at  least 300,000 drams who will benefit from this program," the Deputy  Minister emphasized.