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ALMOST 80 % OF ARMENIAN LAWMAKERS NEVER READ PENSION REFORM BILL
YEREVAN, November 22. / ARKA /. Almost 80 % of Armenian lawmakers
who approved the bill on mandatory pension savings fund and 90% of
the government did not even read the package of relating documents,
Artsvik Minasyan, a lawmaker from the Armenian Revolutionary
Federation/Dashnaktsutyun (ARF) claimed today.
Under the new pension plan to come into effect in January 2014, all
Armenian citizens born after January 1, 1974 will have to transfer
five percent of their nominal salaries to their personal retirement
savings fund. The government promises to transfer as much every month,
but no more than 25,000 drams ($62).
Critics of the law describe it as "anti-constitutional", saying it
restricts citizens' freedom to administer their finances; however,
the authorities retort by saying the new pension plan will contribute
to development of the country and secure 'decent retirement."
According to Minasyan, in the government there are people who agree
with ARF's criticism in private conversations. The ARF member said the
hope is that out-of-parliamentary forces, opposed to the law, will join
the parliamentary opposition to make the government throw away the law.
Late last week the parliament majority derailed an extraordinary
parliament session initiated by the minority factions to discuss the
matter. This prompted groups of activists to continue their street
protests against the enforcement of the law. -0-
- See more at:
http://arka.am/en/news/society/almost_80_of_armenian_lawmakers_never_read_pension _reform_bill/#sthash.FnHfHMS9.dpuf
From: A. Papazian
YEREVAN, November 22. / ARKA /. Almost 80 % of Armenian lawmakers
who approved the bill on mandatory pension savings fund and 90% of
the government did not even read the package of relating documents,
Artsvik Minasyan, a lawmaker from the Armenian Revolutionary
Federation/Dashnaktsutyun (ARF) claimed today.
Under the new pension plan to come into effect in January 2014, all
Armenian citizens born after January 1, 1974 will have to transfer
five percent of their nominal salaries to their personal retirement
savings fund. The government promises to transfer as much every month,
but no more than 25,000 drams ($62).
Critics of the law describe it as "anti-constitutional", saying it
restricts citizens' freedom to administer their finances; however,
the authorities retort by saying the new pension plan will contribute
to development of the country and secure 'decent retirement."
According to Minasyan, in the government there are people who agree
with ARF's criticism in private conversations. The ARF member said the
hope is that out-of-parliamentary forces, opposed to the law, will join
the parliamentary opposition to make the government throw away the law.
Late last week the parliament majority derailed an extraordinary
parliament session initiated by the minority factions to discuss the
matter. This prompted groups of activists to continue their street
protests against the enforcement of the law. -0-
- See more at:
http://arka.am/en/news/society/almost_80_of_armenian_lawmakers_never_read_pension _reform_bill/#sthash.FnHfHMS9.dpuf
From: A. Papazian