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43,000 TEACHERS OF SECONDARY, SPECIAL AND VOCATIONAL SCHOOLS ELIGIBLE TO SOCIAL SECURITY PACKAGE NEXT YEAR
/ARKA/
NOVEMBER 17, 2011
YEREVAN
YEREVAN, November 17. / ARKA /. In 2012 some 43,000 teachers of
secondary, special and vocational schools will be eligible to a new
social security package, designed by the government for low-paid
public sector workers, Education and Science Minister Armen Ashotyan
said at a news conference today.
Under next year's draft budget civil servants will be provided
with a social security package and will have an opportunity to avail
themselves of this package to pay interests on their mortgage, to cover
their medical expenses by means of insurance policies. They will also
be enabled to pay the tuition fees of their student family members. The
2012 draft budget has earmarked 18 billion drams to this end.
Ashotyan said the package will not cover the workers of educational
institutions, including state-run and private which offer paid
training.
The 2012 draft budget calls for 910 billion drams in revenues and
1.042.5 trillion drams in spending. The projected deficit is 132.5
billion drams. The amount of revenue is projected to increase by 6.8%
from this year's budget (852.4 billion drams). The spending is expected
to grow by 41.5 billion drams.
Some 86.1% of the spending (897.8 billion drams) is projected as
current expenditure; 13.9% or 144.7 billion drams are projected as net
non-financial expenditure. Some 46.2% are projected as social spending
(education, health, social security). $1 - 384.9 drams).
/ARKA/
NOVEMBER 17, 2011
YEREVAN
YEREVAN, November 17. / ARKA /. In 2012 some 43,000 teachers of
secondary, special and vocational schools will be eligible to a new
social security package, designed by the government for low-paid
public sector workers, Education and Science Minister Armen Ashotyan
said at a news conference today.
Under next year's draft budget civil servants will be provided
with a social security package and will have an opportunity to avail
themselves of this package to pay interests on their mortgage, to cover
their medical expenses by means of insurance policies. They will also
be enabled to pay the tuition fees of their student family members. The
2012 draft budget has earmarked 18 billion drams to this end.
Ashotyan said the package will not cover the workers of educational
institutions, including state-run and private which offer paid
training.
The 2012 draft budget calls for 910 billion drams in revenues and
1.042.5 trillion drams in spending. The projected deficit is 132.5
billion drams. The amount of revenue is projected to increase by 6.8%
from this year's budget (852.4 billion drams). The spending is expected
to grow by 41.5 billion drams.
Some 86.1% of the spending (897.8 billion drams) is projected as
current expenditure; 13.9% or 144.7 billion drams are projected as net
non-financial expenditure. Some 46.2% are projected as social spending
(education, health, social security). $1 - 384.9 drams).