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Armenia's demographic situation must be changed - deputy minister of finance
news.am
April 28, 2012 | 21:14
TSAKHKADZOR. - The current pension distribution system has deficit and
it will get worse in the future, Armenian Deputy Minister of Finances
Vardan Aramyan told during the seminar on pension reforms in
Tsakhkadzor. Armenian nation continues to get older and the
demographic problems affect also the financial system as social
payments are not enough to pay pensions. The generation harmony system
does not work. The young generation is not able to take care of the
older generation. In order to solve those problems Armenia changes to
collective system of pension payment. According to Aramyan in order to
settle the financial tension Armenia must change its demography, the
birth rate must increase.
news.am
April 28, 2012 | 21:14
TSAKHKADZOR. - The current pension distribution system has deficit and
it will get worse in the future, Armenian Deputy Minister of Finances
Vardan Aramyan told during the seminar on pension reforms in
Tsakhkadzor. Armenian nation continues to get older and the
demographic problems affect also the financial system as social
payments are not enough to pay pensions. The generation harmony system
does not work. The young generation is not able to take care of the
older generation. In order to solve those problems Armenia changes to
collective system of pension payment. According to Aramyan in order to
settle the financial tension Armenia must change its demography, the
birth rate must increase.