Law
14:30 31/03/2014
CC to take decision on pension law
Today the Constitutional Court of Armenia (CC) continues the examination of the constitutionality of the Law on Accumulative Pensions. After 3:00 pm the court will hear the closing arguments of the sides and then will go into the consultation room to take a decision, CC chairman Gagik Harutyunyan said.
The four non-coalition factions of Armenian parliament – ARFD, Prosperous Armenia Party, Armenian National Congress and Heritage – filed a lawsuit to challenge the constitutionality of several provisions of the Law on Accumulative Pensions as the compulsory component of the accumulative pension system was introduced in Armenia on January 1, 2014.
Under the law, citizens born after January 1, 1974 must make 5 percent compulsory payments from their wages to a private pension fund, with another 5 percent to be paid by the state.
Տեքստում սխալ կամ վրիպակ նկատելու դեպքում, ուղարկեք խմբագրին հաղորդագրություն` նշելով տվյալ սխալը, այնուհետև սեղմելով Ctrl-Enter:
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