The compulsory accumulative pension system is one more shady undertaking of Armenia's authorities. This is a highly explosive undertaking and it will lead to a "Maidan", Hrant Bagratyan, member of the parliamentary faction of the Armenian National Congress Party, said at today's session of the Armenian National Assembly.
"The pension reforms in Armenia have analogues in no country of the world. They are absurd. How can the citizens lend their money for 45 years? Money is not deposited for 45 years. Have you ever seen a thing like this? What about inflation in 45 years? Have you thought about that?" the MP asked the Government.
He added that the law on compulsory accumulative pension system runs counter to the Constitution of Armenia. "We have recently witnessed a parade of anti-constitutional laws and agreements. The matter also concerns the notorious gas agreements with Russia. The impression is that it is not the laws that contradict the Constitution, but it is the Constitution that runs counter to these laws", Bagratyan said ironically.