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According To Bill Developed By Ministry Of Labor And Social Issues,

ACCORDING TO BILL DEVELOPED BY MINISTRY OF LABOR AND SOCIAL ISSUES, EMPLOYER SHALL PAY INSURANCE PAYMENT FOR EACH EMPLOYEE TO STATE BUDGET

Noyan Tapan
Dec 13, 2007

YEREVAN, DECEMBER 13, NOYAN TAPAN. By the existing order, in Armenia
employers are obliged to present information about accidents at
workplace and victims to the RA State Labor Inspection. However,
in may cases employers either do not present such information or
conceal it because if an employee receives an injury as a result of
an accident at workplace, the compensation for loss of the capacity
to work shall be paid by the employer.

The head of the Labor and Employment Department of the RA Ministry of
Labor and Social Issues Vahan Simonian told NT correspondent about it,
adding that this is envisaged by the RA Civil Code.

According to V. Simonian, a bill on insurance of accidents at work
and occupational diseases has been developed, according to which the
employer shall transfer an insurance payment for each employee in the
amount of 1% of his/her salary to the state budget. If an employee
suffers as a result of an accident at workplace, the compensation is
paid by the state.

It was mentioned that the Central Bank of Armenia (CBA) has some
objections regarding the bill. Particularly, in the opinion of the
CBA, establishing the monthly insurance payment in the amount of 1%
of salaries is not acceptable due to the size of this sum.

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