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PARLIAMENTARY FACTIONS' STATEMENT ON ACCUMULATIVE PENSION SCHEME
Monday,
January
27
Four factions of the Armenian parliament - ARFD, Prosperous Armenia
Party (BHK), Armenian National Congress (HAK) and Heritage factions
have issued a joint statement concerning the law on introduction of
the compulsory accumulative pension system. The statement says:
"On January 24, 2014 Armenia's Constitutional Court took a decision
to suspend Article 76 and Article 86 part 3 of the Law on Accumulative
Pensions pending the court decision.
It means that citizens born in and after 1974 did not break the law's
requirement by not having chosen a pension fund and a pension fund
manager by January 1, 2014.
Besides, at least until March 28, 2014, employers will not bear
responsibility for not calculating and transferring accumulative
payments for such employees. Due to the essence of the abovementioned
decision and the importance of a coordinated struggle against the
introduction of the compulsory component of the accumulative pension
system, we urge:
1. employers: not to calculate and transfer payments from salaries
of employees, otherwise their salaries will decline, while employees
will have to make a choice between pension funds and managers under
conditions of uncertainty. If the Constitutional Court recognizes the
disputable provisions of the law as anti-constitutional on March 28,
2014, then you and your employees will suffer irrecoverable financial
losses.
2. all Armenian employees born in and after 1974 not to make a choice
between accumulative funds and fund managers and prevent employers
from transferring pension contributions from their salaries,
3. the unions of employers and the trade unions together with united
society to defend their rights and not allow any body to commit
illegal actions against members of their organization,
4. Armenian officials, the government, and the Central Bank of Armenia
to stop spreading misinformation about the law under discussion - we
consider such an action as open pressure on the Constitutional Court,
5. all Armenian citizens, organizations and struggling youth to unite
further and continue actions aimed at recognizing the compulsory
accumulative pension component as anti-constitutional.
6. We hope that the Constitutional Court will recognize the compulsory
component as anti-constitutional and propose such an option of the
problem's constitutional solution that will take into account all the
challenges facing the pension system. We are determined to pursue our
struggle against the introduction of the compulsory component of the
accumulative pension system".
Aysor.am
From: A. Papazian
Monday,
January
27
Four factions of the Armenian parliament - ARFD, Prosperous Armenia
Party (BHK), Armenian National Congress (HAK) and Heritage factions
have issued a joint statement concerning the law on introduction of
the compulsory accumulative pension system. The statement says:
"On January 24, 2014 Armenia's Constitutional Court took a decision
to suspend Article 76 and Article 86 part 3 of the Law on Accumulative
Pensions pending the court decision.
It means that citizens born in and after 1974 did not break the law's
requirement by not having chosen a pension fund and a pension fund
manager by January 1, 2014.
Besides, at least until March 28, 2014, employers will not bear
responsibility for not calculating and transferring accumulative
payments for such employees. Due to the essence of the abovementioned
decision and the importance of a coordinated struggle against the
introduction of the compulsory component of the accumulative pension
system, we urge:
1. employers: not to calculate and transfer payments from salaries
of employees, otherwise their salaries will decline, while employees
will have to make a choice between pension funds and managers under
conditions of uncertainty. If the Constitutional Court recognizes the
disputable provisions of the law as anti-constitutional on March 28,
2014, then you and your employees will suffer irrecoverable financial
losses.
2. all Armenian employees born in and after 1974 not to make a choice
between accumulative funds and fund managers and prevent employers
from transferring pension contributions from their salaries,
3. the unions of employers and the trade unions together with united
society to defend their rights and not allow any body to commit
illegal actions against members of their organization,
4. Armenian officials, the government, and the Central Bank of Armenia
to stop spreading misinformation about the law under discussion - we
consider such an action as open pressure on the Constitutional Court,
5. all Armenian citizens, organizations and struggling youth to unite
further and continue actions aimed at recognizing the compulsory
accumulative pension component as anti-constitutional.
6. We hope that the Constitutional Court will recognize the compulsory
component as anti-constitutional and propose such an option of the
problem's constitutional solution that will take into account all the
challenges facing the pension system. We are determined to pursue our
struggle against the introduction of the compulsory component of the
accumulative pension system".
Aysor.am
From: A. Papazian