Parliament Speaker Confesses Pension System Is Faulty

14:31, 24 March, 2014

In reference to the mandatory pension system in Armenia that has caused a wave of popular opposition, Parliamentary Speaker Hovik Abrahamyan told reporters today that while it is important to discuss the concerns of each citizen, the public doesn’t always understand the issues at hand.

When asked if the government would enter into dialog with pension opponents, Abrahamyan said that there were indeed oversights in the system that would be corrected through legislation

When asked if the government would consider removing the ‘mandatory’ stipulation of the pension system, Abrahamyan responded they were willing to review the matter.