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ENA: Electrical Network Of Armenia Held Back Certain Sums For Privat

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  • ENA: Electrical Network Of Armenia Held Back Certain Sums For Privat

    ENA: ELECTRICAL NETWORK OF ARMENIA HELD BACK CERTAIN SUMS FOR PRIVATE PENSIONS FROM SALARY OF WORKERS, BUT DID NOT TRANSFER THEM

    by Alexandr Avanesov

    Arminfo
    Friday, February 14, 11:08

    On 13 February Director General of ENA Yevgeniy Bibin and the head of
    the trade union organization, Artem Muradyan, initiated the meeting
    with the initiative group of the company which is against the law
    "On obligatory accumulative pension system".

    Bibin said that according to the 8th clause of the above mentioned
    law, Electrical Network of Armenia held back certain sums for private
    pensions from salary of workers, but did not transfer them, and the
    funds are at the account of the company. He also added that all their
    actions are absolutely in line with the law.

    The leaders of the company answered all the questions the employees
    were interested in, and said that they are ready to further discuss
    the created situation in any format. "We hope that the Constitutional
    Court will adopt the final decision on the matter in the near future",
    - Bibin concluded.

    To recall, on 13 February dozens of employees of ENA joined continuing
    protests against a controversial reform of the national pension system
    with a rally held in Yerevan. The mostly young workers demanded
    that their Russian-owned company, ENA, reverse additional social
    security payments deducted from their salary. Like other protesters,
    they argued that the reform was suspended by the Constitutional Court
    late last month.

    The Armenian authorities insist that the deductions are legal despite
    the Constitutional Court order. They also say that the unpopular
    reform is indispensable if Armenians aged 40 and younger are to
    receive decent pensions after retirement.



    From: Emil Lazarian | Ararat NewsPress
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