Wednesday, January 17 2024 14:31
Alina Hovhannisyan

Armenia`s ministry of labor changes order of deposit compensation

Armenia`s ministry of labor changes order of deposit compensation

ArmInfo.The government will compensate the deposits of citizens born before June 30, 1941 inclusive, who were invested in the Republican Bank of the Armenian SSR of the Savings Bank of the USSR. The Ministry of Labor and Social Affairs reported this, citing a government decision.

According to the source, citizens can receive funds both in cash and  non-cash.

To register, a citizen personally or through a legal representative  can contact the territorial center at the place of registration of  the Unified Social Service, providing an identification document or  identification card, the depositor's civil service number or social  security card or a certificate of absence of a public service number  and, if available, the depositor's savings book . In addition, a  certificate from VTB-Armenia CJSC is required regarding the  availability of the depositor's data in the bank account card as of  June 10, 1993.

Persons who participated in hostilities in defense of the Republic of  Armenia also have the right to receive compensation, including if the  deposit was paid by the deceased spouse during their married life.