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Armenia’s first president to be paid lifetime pension

05.02.2015, 16:10
The first president of Armenia will be getting a lifetime pension and an opportunity to run his office for the rest of his life, minister-head of the government staff David Haruitunyan said in presenting the amendments to the country’s law about remuneration and services to the first president.

Armenia’s first president to be paid lifetime pension
YEREVAN, February 5. /ARKA/. The first president of Armenia will be getting a lifetime pension and an opportunity to run his office for the rest of his life, minister-head of the government staff David Haruitunyan said in presenting the amendments to the country’s law about remuneration and services to the first president. 

On January 9, the first president of Armenia Levon Ter-Petrosyan turned 70. 

The previous law had restrictions on his activities after he turned 70. 

According to the amendments, Ter-Petrosyan will be paid a lifetime pension equal to 80% of the salary of the current president, Harutiunyan said. 

The amendments were considered urgent and will be sent to the parliament. 

Levon Ter-Petrosyan had been president of Armenia from 1991 to 1998. –0--