YEREVAN. – Armenian government offered to hold debates on amendments to law on pensions during the special session of the parliament.
Minister Davit Harutyunyan said the session will be called on May 12 and will include other bills as well.
On April 2, the Constitutional Court (CC) of Armenia declared unconstitutional a whole series of articles in the new Law on Funded Pensions. Despite this ruling, however, the state-run financial institutions still obliged the employers to make mandatory funded pension cuts from the salaries of their employees. The respective reasoning was that the CC gave the parliament and the government until September 30 to amend the aforesaid law’s provisions that were deemed unconstitutional.
















