Pensions Law Debate: Claimants voice dissatisfaction with CC ruling

A number of lawmakers and members of the initiative are not satisfied with the decision made by the Constitutional Court (CC) about the mandatory pension savings law.

They think that the CC did not fully use its powers to have a comprehensive review of the case and stated their readiness to continue their fight at international bodies.

“The decision made by the Constitutional Court didn’t live up to my expectations. It was disappointing. I’m going to be consistent in removing this system regardless where I am,” Armenian Revolutionary Federation lawmaker Artsvik Minasyan said.

Following the application of several MPs the Constitutional Court examined the constitutionality of amendments in some provisions in the mandatory pension savings law, finding that some of them are unconstitutional. On the whole, however, the package of pension reform-related laws that envisages that all public sector workers born after 1973 must make additional monthly payments to relevant funds still holds as valid.

Sakharov Armenian Human Rights Protection Center NGO lawyer Meri Khachatryan stresses that the legislation was passed by a special session of parliament and there were no public debates. The decision made by the CC, meanwhile, states that it does not regard this particular issue as a constitutional case.

“But the CC itself is the body that regulates the legislative field,” Khachatryan says.

Rule of Law NGO member Artak Zeylanyan notes that the decisions made by the CC cause conflicts with the fundamental principles of law.

“There are no guarantees connected with the return of funds, which once again proves that the entire law is meaningless. It was declared as unconstitutional and invalid, thus the whole system is inappropriate,” Zeynalyan says. “It says: people, you should know that there are no guarantees that money will be returned to you.”