{"id":253216,"date":"2014-05-13T13:26:54","date_gmt":"2014-05-13T09:26:54","guid":{"rendered":"http:\/\/www.epress.am\/?p=253216"},"modified":"2014-05-13T13:27:32","modified_gmt":"2014-05-13T09:27:32","slug":"voting-on-revised-pension-bill-postponed-mps-running-late","status":"publish","type":"post","link":"https:\/\/epress.am\/en\/2014\/05\/13\/voting-on-revised-pension-bill-postponed-mps-running-late.html","title":{"rendered":"Voting on Revised Pension Bill Postponed: MPs Running Late"},"content":{"rendered":"<p>\n\t<span style=\"line-height: 1.6em;\">The revised bill on the funded pension system was to have been put to a vote in the National Assembly today; however, National Assembly President Galust Sahakyan said the voting will be postponed and the parliament will proceed to discuss other matters.<\/span>\n<\/p>\n<p>\n\tThe reason, according to the reporters present, is the few number of MPs in the room: the vote was postponed so the ruling Republican Party of Armenia MPs have time to make it to the National Assembly. Note, due to French President Fran&ccedil;ois Hollande&#39;s visit, traffic on some major streets in Yerevan (including Baghramyan Avenue, where the parliament building is located) has come to a standstill.\n<\/p>\n<p>\n\tRecall, at a special meeting of the National Assembly yesterday, the Armenian Revolutionary Federation (Dashnaktsutyun) faction <a href=\"http:\/\/www.epress.am\/en\/2014\/05\/12\/opposition-parties-divided-over-revised-pension-bill.html\"><span style=\"color:#0000CD;\"><strong>announced<\/strong><\/span><\/a> that it will vote in favor of the revised bill, the Armenian National Congress declared it is opposed, and the Prosperous Armenia Party was still mulling it over.\n<\/p>\n<p>\n\tAccording to the new law, which came into force on Jan. 1, 2014, employed citizens in Armenia born after 1973 are required to pay 5&ndash;10% of their monthly gross salaries to one of two private pension funds determined by the government. They would be able to access their funds when they turn 63 (the age of retirement for both men and women in Armenia). In December 2013, 36 MPs from the four non-ruilng parties in parliament filed an application with the Constitutional Court, arguing that several provisions of the new law were unconstitutional. The plaintiffs asked the Court to revoke the mandatory component of the law.\n<\/p>\n<p>\n\tOn April 2, the Constitutional Court <a href=\"http:\/\/www.epress.am\/en\/2014\/04\/02\/armenian-constitutional-court-struck-down-law-on-mandatory-pension.html\"><span style=\"color:#0000CD;\"><strong>ruled<\/strong><\/span><\/a> that the mandatory component was unconstitutional, and the Government of the Republic of Armenia and the RA National Assembly have until September 30 this year to revise the law to comply with the requirements of the Constitutional Court ruling.<\/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>The revised bill on the funded pension system was to have been put to a vote in the National Assembly today; however, National Assembly President Galust Sahakyan said&#8230;<!-- 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":250526,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tstyn_error":""},"categories":[10],"tags":[54908,11703,53142],"_links":{"self":[{"href":"https:\/\/epress.am\/en\/wp-json\/wp\/v2\/posts\/253216"}],"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=253216"}],"version-history":[{"count":0,"href":"https:\/\/epress.am\/en\/wp-json\/wp\/v2\/posts\/253216\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/epress.am\/en\/wp-json\/wp\/v2\/media\/250526"}],"wp:attachment":[{"href":"https:\/\/epress.am\/en\/wp-json\/wp\/v2\/media?parent=253216"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/epress.am\/en\/wp-json\/wp\/v2\/categories?post=253216"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/epress.am\/en\/wp-json\/wp\/v2\/tags?post=253216"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}