YEREVAN, DECEMBER 4, NOYAN TAPAN. At the December 3 sitting, the Armenian government changed the program of the pension reform in Armenia and the timetable of measures on the reform's implementation, which it had approved earlier. During the discission conducted by the Armenian prime minister in June, a decision was made (taking the existing problems into account) to start the pension reform on 1 January 2011 instead of 2010. The RA Government Information and PR Department reports that adoption of this legal act will ensure the formation of an infrastructure for the pension reform, also the introduction of the cumulative component in the system and its normal functioning. Attaching special importance to this decision, Prime Minister Tigran Sargsyan reminded that in his keynote speech at the convention of the Republican Party of Armenia, RA President Serzh Sargsyan announced the start of the pension reform. The timetable of the reform is now being specified so that by 2011 the system will be completely ready for a new regime.

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