TIGRAN SARGSIAN: ARMENIAN GOVERNMEMT WILL CONTINUE WORK ON INTRODUCTION OF MULTISTAGE PENSION SYSTEM
Noyan Tapan
April 21, 2008
YEREVAN, APRIL 21, NOYAN TAPAN. The activity program of the RA
government envisages making the vulnerable groups protection policy
most targeted, the prime minister Tigran Sargsian stated while
presenting the re-appointed minister Aghvan Vardanian to the staff
of the ministry of labor and social issues. According to him, it is
necessary to identify precisely the vulnerable groups and provide
targeted aid to them so that funds will not be wasted and will reach
the families in need of this aid.
The prime minister said that pension reforms and the introduction
of a new concept will be the key tasks of the government in the
next 5 years. The government will continue work on introduction
of a multistage pension system, including the cumulative pension
system. "The population should learn to save, while the young
generation should assume responsibility for a well-off old age by
participating in the cumulative pension system," he pointed out.
In his words, a concept for introduction of the new system has been
developed: "we have knowledge and a team of young experts capable of
introducing the cumulative pension system in Armenia".
From: Emil Lazarian | Ararat NewsPress
