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Heritage Party Rep: Pressured "From Above," Employers May Ban Their

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  • Heritage Party Rep: Pressured "From Above," Employers May Ban Their

    HERITAGE PARTY REP: PRESSURED "FROM ABOVE," EMPLOYERS MAY BAN THEIR EMPLOYEES TO FILE STATEMENTS REFUSING FROM MAKING PENSION PAYMENTS

    by Ashot Safaryan

    ARMINFO
    Friday, May 16, 14:21

    The amendments to the Law On Funded Pension initiated by the Government
    and passed by the Parliament are, inherently, a halfway measure, unable
    to give a long- term solution to the problem. Armenian Parliamentarian
    from Heritage Party Tevan Poghosyan told reporters on 16 May.

    The parliamentarian fears that pressured 'from above' employers will
    simply ban their employees to write a statement refusing to make
    compulsory pension payments over time. "After a while, the government
    may declare that most of the citizens do not refuse from the funded
    pension and return to the initial version of the law," Poghosyan said.

    According to him, it would be logical if the citizens who do not oppose
    the funded pension wrote applications for voluntary participation in
    the funded pension system.

    The oppositionist thinks the authorities manipulate and the amendments
    made to the law seek to weaken the public movement, otherwise, they
    would settle the problem once and forever.

    On 15 May the Armenian parliament approved the extended option of
    amendments to the law "On funded pension" that was submitted by the
    government. Minister of Labor and Social Affairs Artem Asatryan
    said that the bill suggests adding a provision that will relieve
    the citizens falling under the pension reforms of the responsibility
    for non- payment or failure to meet the time limit for the relevant
    payments. In addition, if a citizen files a statement that he refuses
    to participate in the accumulative system, the employer has the
    right not to make the relevant calculations to transfer the pension
    contributions.

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