Prosperous Armenia party MP says the government must resign

Prosperous Armenia party MP says the government must resign

YEREVAN, April 2. / ARKA /. An Armenian parliament member from the Prosperous Armenia party called on the government today to resign following a decision of the Constitutional Court that invalidated a number of provisions of a new pension law that took effect on January 1.

"All I can say now is that this government must resign if it has a sense of political responsibility," Naira Zohrabyan, head of the Prosperous Armenia Party’s parliamentary faction, said to reporters today.

The Constitutional Court said on April 2 the clauses in the law "that impose certain obligations to the citizens limit some of their rights guaranteed by the Constitution."

The court temporarily suspended the law in January, days after it came into force, after thousands protested against it in Yerevan.

According to the new law, citizens born after January 1, 1974, must contribute 5 percent of their monthly salaries to a pension fund and the government must match that contribution with another 5 percent, not to exceed 25,000 drams ($61) per month.

According to a recent public opinion survey conducted by Gallup International Association, more than 88% of respondents in Yerevan were against the mandatory funded pension system. -0 -


15:25 02.04.2014

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