RA Ministry of Finance: prerequisites were created in 2010 to launch pension reforms

PanARMENIAN.Net - As part of implementation of pension reforms, bills on funded pension reform and income tax were developed by the RA Ministry of Finance and adopted by the Armenian parliament.

Armenia is envisaged to transfer to the volunteer funded pension scheme in 2011 and to the compulsory one from 2014.

It should be noted that certain steps are already taken. Specifically, pensioners will be able to get their pensions through bank cards in several months.

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