Armen Rustamyan: We will fight and achieve the removal of the  mandatory component from the funded pension system

ArmInfo. Even if one percent of the  mandatory funded pension system is kept, ARF Dashnaktsutyun party  representatives will consider that this issue should be resolved. On  June 13, Armen Rustamyan, head of the ARF "Dashnaktsutyun" faction,  commented on the party's position regarding the accumulative pension  system in an interview with journalists.

"The required component must be removed from this system. The Prime  Minister himself noted that there is such a problem, there is a  problem related to the constitution. We are now actually setting a  goal to resolve this issue within the framework of justice and the  constitution," the deputy noted.

Armen Rustamyan also said that the government's decision to mitigate  the mandatory component in the system is an intermediate step. "We  are not in favor of this process. We will fight, and we will achieve  that the mandatory component of the system will be seized," concluded  Rustamyan.

On May 11, at an extraordinary meeting of the government, a quarrel  about the pension savings system broke out between the minister from  ARF Artsvik Minasyan and Prime Minister Nikol Pashinyan. The Minister  of Economic Development and Investments stated that he is against  this system, to which Pashinyan stated: "I will not allow one of the  ministers in my government, based on certain considerations, to try  to look more principled than other members of the Cabinet. us, he is  against us. " A similar response was made to the objections of the  Minister of Labor and Social Affairs, Mane Tandilyan, who is also  opposed to this pension system. The statements of the prime minister  had a proper effect on the ministers, and during the voting on the  document they unanimously supported him. On May 12, the Minister of  Labor and Social Affairs, Mane Tandilyan, resigned. Its decision, she  justified a contradiction in the implementation of mandatory funded  pension system with the current Cabinet. She also reported her  withdrawal from the "Enlightened Armenia" party, since it was her  quota that was appointed by the Minister of Labor and Social Affairs.

Since July 1 in Armenia comes into force mandatory funded pension  system, which will affect 280 thousand citizens of the republic.  According to the new order, citizens will transfer 2.5% of their  salary to the special fund account, and the state 7.5%. Previously,  the ratio was 5% to 5%.