In 2016, the collected targeted social payments in the funded pension funds amounted to 13.4 billion AMD or 23 percent more than in 2015, as per the report of the 2016 State Budget performance of Armenia, which is being discussed in the standing parliamentary committees.

This has to do with the number of taxpayers, as well as the average monthly salary (in 2016 it grew by 1.7%). During the discussion, Minister of Labor and Social Affairs of Armenia Artem Asatryan stated that currently two private funds manage an amount of over 60 billion AMD (approx. $125 mln).

It was earlier stipulated that for the state officials (born in 1974 and younger) the funded pension should enter into force starting from 1 July 2014, whereas for the private sector—in three years, starting from 1 July 2017. This deadline was later extended till 1 January 2018, and then for another half year, till 1 July 2018.