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Hrant Bagratyan: Compulsory Accumulative Pension System Will Lead To

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  • Hrant Bagratyan: Compulsory Accumulative Pension System Will Lead To

    HRANT BAGRATYAN: COMPULSORY ACCUMULATIVE PENSION SYSTEM WILL LEAD TO A "MAIDAN" IN ARMENIA

    Tuesday, February 4, 20:00

    The compulsory accumulative pension system is one more shady
    undertaking of Armenia's authorities. This is a highly explosive
    undertaking and it will lead to a "Maidan", Hrant Bagratyan, member
    of the parliamentary faction of the Armenian National Congress Party,
    said at today's session of the Armenian National Assembly.

    "The pension reforms in Armenia have analogues in no country of the
    world. They are absurd. How can the citizens lend their money for
    45 years? Money is not deposited for 45 years. Have you ever seen a
    thing like this? What about inflation in 45 years? Have you thought
    about that?" the MP asked the Government.

    He added that the law on compulsory accumulative pension system runs
    counter to the Constitution of Armenia. "We have recently witnessed
    a parade of anti-constitutional laws and agreements. The matter also
    concerns the notorious gas agreements with Russia. The impression
    is that it is not the laws that contradict the Constitution, but
    it is the Constitution that runs counter to these laws", Bagratyan
    said ironically.

    http://www.arminfo.am/index.cfm?objectid=D9428EC0-8DBD-11E3-93820EB7C0D21663



    From: Emil Lazarian | Ararat NewsPress
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