{"id":250439,"date":"2014-03-11T12:46:05","date_gmt":"2014-03-11T08:46:05","guid":{"rendered":"http:\/\/www.epress.am\/?p=250439"},"modified":"2014-03-11T12:50:51","modified_gmt":"2014-03-11T08:50:51","slug":"why-there-were-few-contributions-to-new-pension-system-in-january-paper","status":"publish","type":"post","link":"https:\/\/epress.am\/en\/2014\/03\/11\/why-there-were-few-contributions-to-new-pension-system-in-january-paper.html","title":{"rendered":"Why There Were Few Contributions to New Pension System in January: Paper"},"content":{"rendered":"<p>\n\t<span style=\"line-height: 1.6em;\">In January this year, transferred from Armenia&#39;s state budget to the mandatory pension system was 674 million 144 thousand AMD, reports local daily <em>Haykakan Zhamanak<\/em>.<\/span>\n<\/p>\n<p>\n\tThe newspaper reports that, according to the new pension system, 5% is deducted from employees&#39; wages, while an additional 5% comes from the state budget. Contributions for the entire year are expected to be 20.6 billion AMD. This means that the average monthly contribution should be 1.7 billion AMD &mdash; much more than the 674 million transferred in January.&nbsp;\n<\/p>\n<p>\n\t&quot;[While] the reason for such &#8216;under-fulfillment&#8217; is not yet clear, there are a few options. One is that the majority of employers are waiting for the Constitutional Court&#8217;s final decision and not making the mandatory pension deductions. The second is that the government has no information of [employees&#8217;] actual salaries. Third, after the introduction of this system, the number of those working in the shadow economy drastically increased &mdash; at the expense of &#8216;white&#8217; [legal] jobs,&quot; reports the paper.&nbsp;<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>In January this year, transferred from Armenia&#8217;s state budget to the mandatory pension system was 674 million 144 thousand AMD.<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":192872,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tstyn_error":""},"categories":[10],"tags":[],"_links":{"self":[{"href":"https:\/\/epress.am\/en\/wp-json\/wp\/v2\/posts\/250439"}],"collection":[{"href":"https:\/\/epress.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/epress.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/epress.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/epress.am\/en\/wp-json\/wp\/v2\/comments?post=250439"}],"version-history":[{"count":0,"href":"https:\/\/epress.am\/en\/wp-json\/wp\/v2\/posts\/250439\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/epress.am\/en\/wp-json\/wp\/v2\/media\/192872"}],"wp:attachment":[{"href":"https:\/\/epress.am\/en\/wp-json\/wp\/v2\/media?parent=250439"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/epress.am\/en\/wp-json\/wp\/v2\/categories?post=250439"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/epress.am\/en\/wp-json\/wp\/v2\/tags?post=250439"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}