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 Friday, August 11 2017 18:30:03
Naira Badalyan

The new head of the Social Security Service of the Ministry of Labor and Social Affairs of Armenia: the system must be fair and honest

The new head of the Social Security Service of the Ministry of Labor and Social Affairs of Armenia: the system must be fair and honest

ArmInfo. Head of the Social Security Service of the Ministry of Labor and Social Affairs of Armenia Hovhannes Sahakyan supports the adequate determination of the amount of pensions and benefits.

In an interview with the radio station "Azatutyun", referring to the situation in the sphere of social security, Hovhannes Sahakyan called to forget about the former practice, when "figures were drawn" and to exclude such a thing from now on.

According to the newly appointed head of the Social Security Service, it is necessary to achieve justice in the system of allocating pensions and benefits. "If a citizen is to receive benefits, then he must be paid a pension, if he is to be given a pension, the amount of pension must be determined according to the length of service, and taking into account the degree of disability of the citizen, to which the basic pension is added.  Honest," he said.

The head of the Social Security Service assured that serious reforms are expected in the field, aimed at breaking stereotypes in relation to the department. As Sahakian admitted, much remains to be done and he agreed to this post with the knowledge that the work will not be easy. Hovhannes Sahakyan promised that after some time he will present a report to the public about the work he has done.

August 9, Prime Minister Karen Karapetyan's decision Hovhannes Sahakyan was appointed head of the Social Security Service of the Ministry of Labor and Social Affairs of Armenia. Previously, this post was occupied by Arsen Ghazaryan, who the other day retired according to his own statement. According to the media, Ghazaryan intends to go to work in one of the foreign countries.

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ISIN AMGB1029A250
Auction ID AMGB1029A250A
Date 12.05.2017
Issue date 29.10.2015
Issue volume (AMD) 50 000 000 000
Maturity date 29.10.2025
Coupon year yield 11.00%
Auction volume (AMD) 1000 000 000 - 2.000 000 000
Auction date 12.05.2017
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