Artsvik Minasyan urges employees not to choose funds (video)

Artsvik Minasyan, a lawmaker from the Armenian Revolutionary Federation-Dashnaktsutyun, urges employers not to come into conflict with their employees over the mandatory funded pension component. “It is another trick by the authorities to spoil relations between employers and employees,” he says.

The deadline for making transfers to the pension fund from January wages expires on February 19… The joint statement made by the Ministry of Finance and State Revenue Committee has caused a stir, given the Constitution Court’s decision to suspend the application of the new pension law until March 28.

The minister said that about 90 percent of employers have made deductions but have not transferred the money to personal accounts.

Artsvik Minasyan urges everyone not to yield to provocations, make transfers or choose funds.