YEREVAN, March 25. / ARKA /. The Armenian government would not resign, if the Constitutional Court declares the law "On the Funded Pensions” unconstitutional, finance minister David Sargsyan said Tuesday in Parliament.
Armenia’s Constitutional Court suspended last month Article 76 of the new law, which provides for penalties for failed or delayed pension tax payments, and the third paragraph of Article 86, which obligates employed citizens to choose a pension fund, among other parts of the law. The Court says it will conclude the inquiry on March 28, 2014.
The constitutionality of the law was challenged by three opposition parties in the National Assembly — the Armenian National Congress, the Armenian Revolutionary Federation, and the Heritage Party — along with the usually pro-government Prosperous Armenia Party.
"The resignation of the government is a political issue and has nothing to do with the law in question. I do not think that recognition of a law unconstitutional may be the basis for the government's resignation, "Sargsyan said.
He said the government did a great deal of work to make the public at large learn about the pension reforms, but part of the society continues to protest against this reform ‘because the issue has become the subject of political speculation.’ -0-