Thursday, November 27 2025 16:46
Naira Badalian

Armenia`s government approves decision to raise cashback for  pensioners and individuals receiving non- cash benefits from 12% to  20%

Armenia`s government approves decision to raise cashback for  pensioners and individuals receiving non- cash benefits from 12% to  20%

ArmInfo. The Armenian government has approved a decision to raise cashback for pensioners and individuals receiving non-cash benefits from 12% to 20%, with the  maximum amount  rising from  6,000 drams to 10,000 drams. 

As stated by Minister of Labor and Social Affairs of Armenia Arsen  Torosyan, data for October 2025 shows a positive trend: the number of  program beneficiaries has increased by  3.6% to  366,432,  compared  to the previous month. The total value of non-cash transactions has  reached 14,768,000,000 drams, a  6.9%.  increase. The average refund  amount received by a beneficiary was 4,157 drams, an increase of  2.8%. A total of 1,523,000,000 drams were refunded under the program  this month, an increase of 6.5%. In the first nine months, cashback   has reached 13.5 billion drams (10.6 billion drams for all of 2024).

The number of pension and benefit recipients according to the  November lists was 661,811, with 600,126 receiving their pensions or  benefits through non-cash means.

In turn, Prime Minister Nikol Pashinyan noted that, in essence, this  is about another pension increase. "As I said earlier, we are  changing our approach to making decisions, since we need to make them  in a way that has additional and collateral effects," he noted.  Finance Minister Vahe Hovhannisyan, in turn, stated that a decision  on a universal 2% cashback (for non-cash payments with the ARKA card)  will be submitted to the government within the next two weeks.