YEREVAN.- The compulsory accumulated pension system must be introduced only when a country registers economic growth for several years, MP from Prosperous Armenia told reporters on Friday.

In the coming days the National Assembly will vote on “Compulsory accumulated pension system”.

Mikael Melkumyan said the program may be implemented only if guarantees exist. At the moment Prosperous Armenia sees no guarantees that the pension plan will work. Melkumyan noted the party had not discussed the future vote.