PROGRAM ON HUMAN AND INSTITUTIONAL POTENTIAL DEVELOPMEMT BEING IMPLEMENTED IN ARMENIA ON INITIATIVE OF AED

Noyan Tapan

Ma y 19, 2008

YEREVAN, MAY 19, NOYAN TAPAN. With the financing of the USAID and
on the initiative of the Academy for Educational Development (AED),
a program on development of human and institutional potential is
being implemented in Armenia.

NT was informed by the AED Yerevan Office, experience of various
countries is being studied during pension reforms in Armenia. The
instructive trip to Sweden and Estonia organized thanks to efforts
of the USAID, the AED and Services Group Inc. has allowed 15 experts
of the working group on pension reforms in Armenia to study the
experience of making reforms in the pension system. Numerous meetings
and discussions of high-ranking officials, who implement reforms and
make decisions in the pension system, as well as representatives of
pension funds and the pivate sector, and experts were held during
the instructive trip.

The process of pension reforms and the basis for their legal
regulation and financial security, including a number of disputable
and requiring urgent solution issues, have been discussed during the
program. Discussions on the working group’s experience and knowledge
about pension reforms are continuing. The working group has developed
a document which is at the initial stage but already envisages the
logic of work to be done for the implementation of pension reforms. The
experience of other countries is also being examined.