ARTSVIK MINASYAN URGES EMPLOYEES NOT TO CHOOSE FUNDS

19:22 | February 19,2014 | Economy

Artsvik Minasyan, a lawmaker from the Armenian Revolutionary
Federation-Dashnaktsutyun, urges employers not to come into conflict
with their employees over the mandatory funded pension component. "It
is another trick by the authorities to spoil relations between
employers and employees," he says.

The deadline for making transfers to the pension fund from January
wages expires on February 19... The joint statement made by the
Ministry of Finance and State Revenue Committee has caused a stir,
given the Constitution Court's decision to suspend the application
of the new pension law until March 28.

The minister said that about 90 percent of employers have made
deductions but have not transferred the money to personal accounts.

Artsvik Minasyan urges everyone not to yield to provocations, make
transfers or choose funds.

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From: Baghdasarian