AGREEMENT ON PENSION AND SOCIAL INSURANCE SPHERES TO BE SIGNED BETWEEN ARMENIA AND RF

Noyan Tapan
Dec 12 2006

YEREVAN, DECEMBER 12, NOYAN TAPAN. Joint consultation of heads of
RA Social Insurance State Fund and RF Pension Fund took place on
December 5-6 in Moscow. As Vazgen Khachikian, RA Social Insurance
State Fund Chairman, said at the December 12 press conference, during
the consultation they discussed issues relating to compulsory pension
insurance of two countries’ citizens promoting working activity in
these two countries, as well as of labor migrants, as well as reforms
in pension sphere, perfection of the funds’ activity.

V.Khachikian said that currently more than 100 thousand RA citizens
work and make social payments in Russia. In his words, a number
of problems emerge when setting a pension to them: in particular,
which country should set it and which country should pay for this
period. V.Khachikian said that it is planned to sign the respective
agreement in 2007 for the purpose of regulating these issues. In his
words, this will enable to protect RA citizens’ interests connected
with realization of labor and pension rights. According to the draft
agreement, each state will pay on the part of years a citizen worked
in its territory. It was mentioned that Russia has such an agreement
with Belarus, Spain, Israel.

V.Khachikian said that soon it is planned to clarify the precise
number of RA citizens working and receiving pension in RF.