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Civic Group Asks Armenian Employers To Renounce Funded Pensions

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  • Civic Group Asks Armenian Employers To Renounce Funded Pensions

    CIVIC GROUP ASKS ARMENIAN EMPLOYERS TO RENOUNCE FUNDED PENSIONS

    12:08 * 31.01.14

    The Armenian civic group which is conducting an active campaign
    against the funded pension system has called upon Armenian employers
    to respect the Constitutional Court's decision on suspending the
    amended pension law.

    In a statement, the activists of 'I am Against!' ask all employers to
    refrain from making salary deductions under the pretext of compulsory
    social payments.

    "We are confident that many employers today need their employees'
    support, and employees are really ready to stand by their employers.

    You, the employers, now have the chance - without incurring any
    fines and penalties - to stand by your employers through a regulatory
    decision. Moreover, should the Constitutional Court declare disputable
    provisions invalid and conflicting with the Constitution at the March
    28 hearing, employees may incur irreparable financial losses," reads
    the appeal.

    http://www.tert.am/en/news/2014/01/31/demem8/?sw

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