Epress.am News from Armenia
Prior to tackling the main agenda at the government meeting today, RA Prime Minister Tigran Sargsyan, referring to yesterday's Constitutional Court ruling that considered some provisions of the law on funded pension to be unconstitutional, said [AM] a working group would be created today.
"This means that we along with you, with all the stakeholders together will present a legislative package that which take into consideration all those norms that are stated in the Constitutional Court decision. This is a rare opportunity for also civil society to take part in developing these legislative amendments together with us, with the goal of improving the existing system.
"Taking advantage of this rare opportunity, I once again appeal to civil society, those activists who have kept under scrutiny the law on the mandatory funded pension system, [and] I invite them to a dialogue," he said.
According to the PM, included in the working group will be the ministries of justice, labor and social affairs, and finance, as well as the Central Bank.
Tigran Sargsyan also mentioned that if the Constitutional Court gave them until Sept. 30, then, if he understood correctly, the law is in effect until those unconstitutional provisions are reviewed.
RA Minister of Justice Hrayr Tovmasyan also said in such cases, the law is considered constitutional until the point when it loses its effect. "Until Sept. 30 those provisions are considered constitutional, but the moment when amendments are made, that is the deadline, and new regulations will enter into force," he said.
The prime minister added that the law for citizens and business entities, which entered into force on Jan. 1, is in effect, and all have to be guided by the existing law.