YEREVAN. - The revised version of Armenia’s Labor Code will specify the relations of employers and employees, who reached the retirement age of 65, Artem Asatryan, Armenian Minister of Labor and Social Affairs said in the parliament on Tuesday. 

Specifically, after retirement the employee shall retain his right to labor activity. But the employer will have the right to substitute the indefinite term employment agreement concluded with him for the one offering definite term, this being in line with the Armenian Constitutional Court Decision of 2011.

“Everything has its end, including the labor biography,” Hakob Hakobyan, Chairman of the Parliamentary Committee on Social Affairs noted philosophically.