PARTIES DO NOT GIVE MONEY TO THE OLD-AGE PENSION FUND

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| 20:37:55 | 17-10-2005 | Social |

In 2006 the budget has allotted 94 billion 590 million AMD to the
old-age pension fund which is 10.9% more than last year. The basic
pension has become 4 250 AMD instead of 4 000, and 180 AMD for one
year of work instead of last year’s 160.

Head of the Old-age Pension Fund Vazgen Khachikyan gave interesting
information today. It turns out that of the 68 registered parties
there are only 5 which give salary to their workers. Three of them
are the coalition parties, which “show” that they pay only 20 thousand
AMD to their workers.