ARMENIAN LABOR MINISTER REFRAINS FROM ANSWERING QUESTION ON PENSION REFORM

February 03, 2014 | 15:36

YEREVAN. - Armenian Labor Minister said honest employers comply with
the labor and pension legislation not because of the fear of sanctions.

Artem Asatryan addressed the lawmakers during the parliamentary
debates on amendments to Labor Code.

Changes proposed by the deputies of the ruling Republican Party of
Armenia create an opportunity for undocumented workers to protect
the rights of the registration seniority.

The MP from the opposition Armenian National Congress (ANC) Nikol
Pashinyan expanded the questions asking to clarify the extent to
which a new pension reform is functioning after the decision of the
Constitutional Court on January 24.

In response, Labor Minister Artem Asatryan repeated thesis of honest
employers, adding that pension reform is valid for those who have
already chosen the private pension fund and started making payments
both mandatory and voluntary ones.

The Minister did not answer the question whether the duty to pay to
pension funds falls only on those who have already been engaged in
the system.

Photo by Arsen Sargsyan/NEWS.am

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From: A. Papazian