YEREVAN, JANUARY 9, ARMENPRESS։ By February 28 for the participants of the mandatory pension fund, who have not yet chosen an operator, the system will randomly choose a conservative fund of pension fund manager. The Head of the Marketing and Communications Department of the Central Depository of Armenia Eugenia Evoyan told about it to Armenpress.

According to her, within the mentioned period the participant should choose a pension fund/fund manager. “To choose a pension fund/fund manager, the participants of the mandatory pension system may come to any pension system operator service center with an identification document and an application on the choice of the fund manager and telling the number of the social card or the number of the certificate on non-getting the social card, submit it to the Mandatory Pension Fund. The choice of the pension fund/fund manager could be also made in the section “My account” at the websitewww.epension.am, filling the abovementioned application”, - said Evoyan.

Armenia will pass to the cumulative pension system starting from January 1 2014, according to which the citizens of the Republic of Armenia, born after 1974, will make 5% mandatory payments to the cumulative funds. The Central Depository of Armenia has chosen Araratbank, Ardshininvestbank, Armbusinessbank, VTB Bank and Haypost CJSC as operators.