24

Jan.,

2018

Compensation to a soldier with total (I degree) disability

On 24.01.2018 the ALM committee of the Foundation approved the compensation of a soldier with total (I degree) disability. 
Today private Arsen Hovakimyan shall receive a lump sum payment of AMD 10 million (appx. USD 21.000) and will be accorded monthly payments of AMD 200.000 (appx. USD 400) throughout 20 years.

According to an agreement signed with "ARMBUSINESSBANK" CJSC, the amounts will be transferred to special bank accounts opened for the beneficiaries which will be serviced free of charge.