Employees of State Institutions Will Lose Their Jobs If Opt Out of N

Employees of State Institutions Will Lose Their Jobs If Opt Out of New
Pension System: Press

05.14.2014 13:59 epress.am

RA Prime Minister Hovik Abrahamyan instructed all state institutions
to lay off those employees who will submit a written request to opt
out of the mandatory funded pension system, reports local
dailyChorrord Inqnishkhanutyun, citing its sources.

“Our government sources say that although publicly, Hovik Abrahamyan
is quite moderate in expressing [his views] on the funded system, he
intends to gradually, as stealthily as possible, impose this system
first on budgetary institutions, then on business entities,” reports
the paper.

http://www.epress.am/en/2014/05/14/employees-of-state-institutions-will-lose-their-jobs-if-opt-out-of-new-pension-system-press.html

Disclaimer: This article was contributed and translated into English by Kalantarian Kevo. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.

Direct link to this article: https://www.armenianclub.com/2014/05/19/employees-of-state-institutions-will-lose-their-jobs-if-opt-out-of-n/