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GOVERNMENT REFUSES TO REMOVE MANDATORY COMPONENT OF NEW PENSION LAW
06.04.2014 16:19 epress.am
MPs Heghine Bisharyan and Hovhannes Margaryan's bill on amendments and
supplements to the RA Law on Funded Pension presented as a legislative
initiative was discussed at the Armenian government's meeting today.
The lawmakers are proposing the mandatory component be removed from
the law.
According to the Government of the Republic of Armenia website [AM],
the executive branch of government referred to the Constitutional
Court ruling, the requirements of which the law has to comply with
by September 30, and that if the draft law is adopted, it will lead
to a legal mess, the government considered the draft law deficient,
which "in systemic terms does not provide legal security and is
not acceptable."
Note, with the current law, an employee can renounce the mandatory
component of the pension law only if he submits a request in writing
to his employer. Recently, there have been many media reports that
particularly in state bodies, managers refuse to accept the written
requests of their employees.
http://www.epress.am/en/2014/06/04/government-refuses-to-remove-mandatory-component-of-new-pension-law.html
06.04.2014 16:19 epress.am
MPs Heghine Bisharyan and Hovhannes Margaryan's bill on amendments and
supplements to the RA Law on Funded Pension presented as a legislative
initiative was discussed at the Armenian government's meeting today.
The lawmakers are proposing the mandatory component be removed from
the law.
According to the Government of the Republic of Armenia website [AM],
the executive branch of government referred to the Constitutional
Court ruling, the requirements of which the law has to comply with
by September 30, and that if the draft law is adopted, it will lead
to a legal mess, the government considered the draft law deficient,
which "in systemic terms does not provide legal security and is
not acceptable."
Note, with the current law, an employee can renounce the mandatory
component of the pension law only if he submits a request in writing
to his employer. Recently, there have been many media reports that
particularly in state bodies, managers refuse to accept the written
requests of their employees.
http://www.epress.am/en/2014/06/04/government-refuses-to-remove-mandatory-component-of-new-pension-law.html