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Pension Reform Is An Important Element For The Development Of Armeni

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  • Pension Reform Is An Important Element For The Development Of Armeni

    PENSION REFORM IS AN IMPORTANT ELEMENT FOR THE DEVELOPMENT OF ARMENIAN ECONOMY- HEAD OF "TROIKA DIALOG"

    ARKA
    Nov 13, 2009

    YEREVAN, November 13. /ARKA/. Pension reform is an important element
    for further development of Armenian economy", said Ruben Vardanyan,
    Head of Board of Directors of the group "Troika Dialog" and Head of
    Board of Directors of "Ameriabank".

    "Here we need checked, serious and consistent steps as it affects
    the most unprotected layer of society - pensioners. Wrong steps can
    bring to problems not only at present, but also in 10,20, 30 years",
    he said to the journalists in Yerevan during the official ceremony
    of opening the Head Office of CJSC "Ameriabank".

    In this regard, Vardanyan said that it is important not to make
    mistakes. Reforms of pension system in Armenia are going to move
    to many-staged system which will be consisted of two components -
    state distributive and private accumulative. Accumulative pension
    system will be introduced in 2011 in Armenia.
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