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STUDENTS OF THE STATE PEDAGOGICAL UNIVERSITY BRIEFED ON THE DETAILS OF PENSION REFORMS
armradio.am
06.03.2012 21:26
Vardan Aramyan, Armenian Deputy Minister of Finance, delivered a
lecture at the Armenian State Pedagogical University after Khachatur
Abovyan. This marked the start of the series of lectures for
university students of Armenia initiated by the Pension and Labour
Market Reforms (PALM) Project administered by the US Agency for
International Development jointly with the Pension System Awareness
Center Foundation and NASDAQ OMX Armenia.
According to the Deputy Minister, pension issues are of key importance
for policy makers throughout the world and many countries, which still
struggle under the financial burden of current Pay-As-You-Go systems
based on intergenerational solidarity, consider possible solutions
and explore opportunities to shift to multi-pillar pension systems.
Moreover, the proposed reform will bring about the new culture and
thinking among the society by creating incentives to perform better
in the labour market and it is pretty much understandable: everyone
should think of own future and make savings while working and the
state, in its turn, will provide the required environment for this. On
the other hand, the primary responsibility of the state is to address
poverty reduction and other social issues among the society.
Mr. Aramyan explained that the persons born in and after 1974 are
due to cumulate their pensions as of 2014.
The next two lectures will take place at the Armenian State University
of Economics on March 12 and 13.
In general, it is planned to organize lectures for some 1 000
students. Under the same program, an essay contest 'My vision of
economic development within the context of pension reforms in Armenia'
has been announced for the undergraduate and postgraduate students.
This too is designed to raise the interest and enhance the knowledge
on pensions among university students. Best essays will be awarded;
the winner will get iPad 2.
armradio.am
06.03.2012 21:26
Vardan Aramyan, Armenian Deputy Minister of Finance, delivered a
lecture at the Armenian State Pedagogical University after Khachatur
Abovyan. This marked the start of the series of lectures for
university students of Armenia initiated by the Pension and Labour
Market Reforms (PALM) Project administered by the US Agency for
International Development jointly with the Pension System Awareness
Center Foundation and NASDAQ OMX Armenia.
According to the Deputy Minister, pension issues are of key importance
for policy makers throughout the world and many countries, which still
struggle under the financial burden of current Pay-As-You-Go systems
based on intergenerational solidarity, consider possible solutions
and explore opportunities to shift to multi-pillar pension systems.
Moreover, the proposed reform will bring about the new culture and
thinking among the society by creating incentives to perform better
in the labour market and it is pretty much understandable: everyone
should think of own future and make savings while working and the
state, in its turn, will provide the required environment for this. On
the other hand, the primary responsibility of the state is to address
poverty reduction and other social issues among the society.
Mr. Aramyan explained that the persons born in and after 1974 are
due to cumulate their pensions as of 2014.
The next two lectures will take place at the Armenian State University
of Economics on March 12 and 13.
In general, it is planned to organize lectures for some 1 000
students. Under the same program, an essay contest 'My vision of
economic development within the context of pension reforms in Armenia'
has been announced for the undergraduate and postgraduate students.
This too is designed to raise the interest and enhance the knowledge
on pensions among university students. Best essays will be awarded;
the winner will get iPad 2.