Kharatyan: Introduction of compulsory accumulative component is anachronism
The introduction of the compulsory component of the accumulative pension system in Armenia is anachronism, deputy chairman of the Confederation of Trade Unions of Armenia Boris Kharatyan told reporters in Yerevan.
According to him, the compulsory accumulative pension system can be effective in case employees receive high salaries. He explained that only in this case they can accumulate part of that sum.
When asked if they have voiced the issue that the minimum salary does not match the minimum consumer basket, Kharatyan said, “There is no official minimum consumer basket in Armenia. Calculations are done by various methods, resulting in different figures.”