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Armenia's First President To Be Paid Lifetime Pension

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  • Armenia's First President To Be Paid Lifetime Pension

    ARMENIA'S FIRST PRESIDENT TO BE PAID LIFETIME PENSION

    YEREVAN, February 5. /ARKA/. The first president of Armenia will be
    getting a lifetime pension and an opportunity to run his office for
    the rest of his life, minister-head of the government staff David
    Haruitunyan said in presenting the amendments to the country's law
    about remuneration and services to the first president.

    On January 9, the first president of Armenia Levon Ter-Petrosyan
    turned 70.

    The previous law had restrictions on his activities after he turned 70.

    According to the amendments, Ter-Petrosyan will be paid a lifetime
    pension equal to 80% of the salary of the current president,
    Harutiunyan said.

    The amendments were considered urgent and will be sent to the
    parliament.

    Levon Ter-Petrosyan had been president of Armenia from 1991 to
    1998. -0--

    http://arka.am/en/news/politics/armenia_s_first_president_to_be_paid_lifetime_pens ion/#sthash.ZikMxd7Y.dpuf


    From: Baghdasarian
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