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10,000-year-old bison bone found at bottom of Lake Sevan, Armenia

Armenian Foreign Ministry disclaims reports on seizure of Armenian quarters in Damascus by ISIL

Personal income tax for Armenian citizens in Russia is 13%

"No To Plunder! and "Rise Up, Armenia!" movements to be fighting against electricity price hikes in Armenia together

"No To Plunder!" movement to march against electricity price hikes on Sept 11

Vatican beatifies catholic bishop murdered during 1915 genocide

Union: Armenian government has made a decision to ease the consequences of electricity price hike, unaware of how much it will cost the country

Head of SCRW: the dynamic of safety assurance indicators improved twice

The new Turkish Minister for the Affairs with the EU: Massacre of the Armenians happened and it is recognized by all countries

Detained activists of No To Plunder! Movement set free

Defense Ministry: Two Armenian soldiers wounded as Azerbaijan breaches ceasefire on Armenian- Azerbaijani border

Five activists were arrested on Baghramyan Avenue

Konstantin Kazenin: Turkey and Iran have no technologies to increase their influence in the North Caucasus so far

Galust Sahakyan: Armenian authorities fear no movements coming out against constitutional reforms

Hovik Abrahamyan expects to receive a high post following constitutional reforms

Azerbaijan breaches ceasefire for about 120 times

Defense Minister: Armenian detachments control the situation

Prime Minister: Economic situation in Armenia depends on EEU countries' economies

40 students of internship program to work at Beeline

CIS countries to do without USD

Criminal case instituted over fact of police's violence against demonstrator

Prime Minister: Arpine Hovhannisyan is one of the probable candidates for justice minister's post

Azerbaijani MFA to "Blacklist" those Foreigners who Attend Lubov Kazanorvskaya's Concert in Stepanakert

Ara Papyan: In geopolitical perspective by having quite favourable conditions to conduct foreign policy, Armenia is not ready to make use of it

Constitutional Court Member: Regardless Drawbacks New Draft Constitution is Considered a Step Forward

Political expert: Turkish authorities make a miscalculation by calling snap parliamentary elections

Head of Russian Sports Federation: Sports laws oblige Azerbaijan to permit Henrikh Mkhitaryan's entry to Azerbaijan

LOT (Poland) to resume flights to Yerevan on 1 Jan 2016

To mark the 150th anniversary HSBC will allocate US$150m in community projects and local charities

Official investigation of the case against the policeman who had hit an elderly man, is suspended

EEU: The EEU Treaty allows the authorized veterinary bodies of the member-states to unilaterally apply temporary bans and restrictions on the products

Jermuk branch ensured three-fold increase of capture portfolio and became the winner of the contest among the VTB Armenia Bank

Beeline is recruiting local sales experts

"No to Plunder!" Initiating a New Wave of Disobedience

VivaCell-MTS provides broadband Internet, IP telephony and IP TV services to Central Bank's facilities in Dilijan

Turcologist: Aggravation of domestic political situation in Turkey to increase threats to Armenian community

Armen Martirosyan: Heritage leader's stand on constitutional reforms in tune with Heritage Party's stand

Regional

Accumulative pension for Armenia's private sector to become compulsory within three years

  • Wednesday, June 18, 09:15

For civil servants accumulative pension will be made compulsory on July 1 2014 but for the private sector it will become compulsory within three years, says the amended law on accumulative pensions approved by the Armenian Government in compliance with the Constitution.

The new law makes changes to pension contributions and suggests a 5% contribution for those whose monthly salary is not higher than 500,000 AMD. For those earning more will pay 25,000 AMD.

According to Armenia's Prime Minister Hovik Abrahamyan, on July 1 almost 200,000 civil servants will enjoy a raise in their wages. "For this purpose we will budget additional 38bln AMD," Abrahamyan said.

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