Armenian PM unveils pensioner employment initiative “Life doesn’t end at 63”

Armenian Prime Minister Nikol Pashinyan has instructed the government to develop an employment program specifically aimed at pensioners.

According to Caliber.Az, citing Armenian media, Pashinyan made the announcement during the final parliamentary discussion of the 2026 draft state budget.

He noted that in the context of the new economy, one of the government’s key priorities is to increase economic engagement among older citizens.

“Sixty-three is the retirement age, but perhaps it is the best age to start a small or medium-sized business. I have given instructions on support programs for pensioners aged 63 and above. In the 21st century, what kind of age is 65, 70, or 75? Life doesn’t end at 63 — it begins,” Pashinyan said, underscoring the importance of the Cadastre Committee’s initiative on reverse mortgages.

Pashinyan also argued that poverty in Armenia is not the result of a shortage of jobs, but rather a lack of skills necessary for achieving well-being.

He called on all able-bodied citizens to participate actively in the workforce.

“Poverty must be overcome through work,” he added.

By Tamilla Hasanova