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Government To Demonstrate Political Will In Pension Reform Implement

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  • Government To Demonstrate Political Will In Pension Reform Implement

    GOVERNMENT TO DEMONSTRATE POLITICAL WILL IN PENSION REFORM IMPLEMENTATION

    Thursday,
    July
    17

    Armenian Prime Minister Hovik Abrahamyan received today a delegation
    led by Ernst-Ludwig Drayss, Chairman of the Board of "C-QUADRAT
    Ampega Asset Management Armenia" Company, a pension fund manager in
    the country.

    The sides discussed the course of the ongoing pension reform in Armenia
    and the new legislative package that stems from the Constitutional
    Court (CC) decision of April 2, 2014.

    The prime minister said that with the Armenian National Assembly's
    passing of the new law that regulates the compulsory accumulative
    pension system in the country, a resolution was given to the issues
    the CC had raised, which shows Armenian government's readiness to
    carry out the reform.

    Abrahamyan also presented details of the system envisioned by the
    new legislative regulation.

    Drayss, for his part, attached importance to the amendments to the
    Law on Accumulative Pensions and expressed willingness to assist the
    Armenian government with the successful implementation of this process.

    The interlocutors highlighted the need to raise public awareness
    concerning the pension reform in Armenia.

    "We will demonstrate a political will for the complete implementation
    of the reform," Hovik Abrahamyan said.

    The sides reaffirmed their readiness to continue effective cooperation
    in order to carry out the pension reform and strengthen public trust
    in reforms in Armenia.

    TODAY, 20:32

    Aysor.am

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