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Social Insurance Fund And Vtb-Armenia Bank Drove Bargain With The De

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  • Social Insurance Fund And Vtb-Armenia Bank Drove Bargain With The De

    SOCIAL INSURANCE FUND AND VTB-ARMENIA BANK DROVE BARGAIN WITH THE DEVIL

    Yerevan, August 14. ArmInfo. The State Social Insurance Fund of
    Armenia and VTB-Armenia Bank signed a contract shackling the Armenian
    pensioners. The new agreement violates the rights of the pensioners
    shortening the term of receiving pension payments in VTB-Armenia
    bank branches.

    Levon Nersesian, director of the 'Armenian Center for Human
    Rights Protection after A. Sakharov' organization, said to ArmInfo
    correspondent that according to the agreement, in case the pensioner
    has not received the payment from one of the BTA-Armenia Bank
    branches, he/she will not be able to received it sooner than the
    next month. Mr. Nersisian said that the new conditions force the
    pensioners to refuse 'free' bank services and receive their pension
    payments through the mediation of social employees. The social
    employees usually demand AMD 100-200 or even 500 illegal 'tax' per
    each visit. 'Thus the pensioners who avoided the dishonest social
    employees became the victims of bank machinations,' he said.

    In its turn the Social Insurance Fund complains that in Armenia there
    are more pensioners that economically active citizens. ArmInfo
    correspondent found out that indeed Armenia has 539 thousand
    pensioners, 105 thousand employers and 450 thousand employees,
    regularly paying taxes. Thus, the complaints of the Social Insurance
    Fund run contrary to the official statistics provided baby the fund
    itself. Moreover, taking into consideration that each social employee
    receives illegally AMD 500 from each tenth pensioner, the yearly
    shadow circulation of the social sphere makes up $60 thousand.
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