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Prime Minister Sarkisian Questions Opposition's Promises To Raise Wa

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  • Prime Minister Sarkisian Questions Opposition's Promises To Raise Wa

    PRIME MINISTER SARKISIAN QUESTIONS OPPOSITION'S PROMISES TO RAISE WAGES AND PENSIONS THREEFOLD

    ARMENPRESS
    Apr 20 2007

    YEREVAN, APRIL 20, ARMENPRESS: Prime minister Serzh Sarkisian
    questioned yesterday promises of some opposition parties, contesting
    for May 12 parliamentary elections that they would raise old-age and
    retirement pensions and wages threefold beginning from next year if
    the voters cast their ballots in their favor.

    Sarkisian, who was attending a meeting of the board of trustees of the
    Social Security Fund, asked its chairman Vazgen Khachikian whether
    these promises are realistic. Khachikian said this is possible only
    in case of a threefold increase of mandatory social payments or in
    case of a threefold increase of employees and workers who make these
    payments, which he said is simply impossible.

    The prime minister agreed that some employers underreport the real
    number of their staff, but said the question is how many. Khachikian
    said the current number of workers making mandatory social payments is
    460,000, up from 420,000 in 2004. He said it was due to the efforts
    of several government agencies, which tracked and revealed thousands
    of underreported workers.

    Khachikian also questioned opposition's allegations that many employers
    underreport the amount of wages, saying to ensure a threefold rise
    of pensions and wages, the average wage now in the country should
    have been 210,000 Drams but not 70,000.

    Khachikian further explained that raising the amount of mandatory
    social payments is not realistic either since then the workers would
    have to pay 75 percent of their wages as social payments.
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