Pensioners Paid Late in Mix-Up

A mix-up in the transfer of state pension payments to recipients that left many without their April disbursements Monday was fixed by Tuesday, State Pension Fund and bank officials said.

Moscow banks were to start transferring April payments into pensioners' accounts Monday morning, but due to the late transfer of the money from the fund, not all recipients received their payments on time, a spokesman for Sberbank said Tuesday.

The spokesman, who spoke on the customary condition of anonymity, said the bank had only received the money from the fund late on Friday, so that it could not start transferring the payments to accounts until Monday morning.

"As of this morning, the pensions have been paid in full," the spokesman said Tuesday.

The Pension Fund said Tuesday that it had transferred the funds Friday morning and that the banks should have finished depositing them in all accounts within 24 hours.