Mandatory social payment period to be extended
12:07, 28 April 2016
YEREVAN, APRIL 28, ARMENPRESS. Prime Minister H. Abrahamyan says the Government plans to extend the period of mandatory social payment from the previously scheduled July, 2017 to July, 2018.
The PM said the new Tax Code is scheduled to come to force in 2018, thus by emphasizing the smooth process of pension reforms, the Government seeks to extend the period for mandatory social payment by 1 year.
Currently the mandatory social payment applies to state employees only.