{"id":937,"date":"2014-02-22T10:35:48","date_gmt":"2014-02-22T10:35:48","guid":{"rendered":"https:\/\/ancnews.info\/?p=937"},"modified":"2014-02-22T10:35:48","modified_gmt":"2014-02-22T10:35:48","slug":"anca-voices-disapproval-of-u-s-backing-armenian-unpopular-pension-reform","status":"publish","type":"post","link":"https:\/\/ancnews.info\/?p=937","title":{"rendered":"ANCA Voices Disapproval of U.S. Backing Armenian Unpopular Pension Reform"},"content":{"rendered":"<p>YEREVAN\u2014Despite continuing public demonstrations against the Armenian government\u2019s new, controversial pension reform law and President Serzh Sargsyan\u2019s acknowledgement that 80 percent<!--more Continue reading \/ \u0531\u0574\u0562\u0578\u0572\u057b\u0568  \u2192--> of the Armenian public are opposed to it, the United States envoy in Armenia announced on Friday (February 21) that it strongly supports the unpopular reform.<\/p>\n<p>The United States voiced strong support on Friday for a controversial pension reform implemented by the Armenian government, RFE\/RL\u2019s Armenian service (Azatutyun.am) reported, with U.S. Ambassador John Heffern saying that it is vital for Armenia.<\/p>\n<p>Speaking at a conference in Yerevan, Heffern echoed the Armenian government&#8217;s arguments in favor of a measure that has sparked street protests by young workers now required to save a significant portion of their income for their future pensions. He said this will not only give hundreds of thousands of Armenians \u201csafe and adequate pensions\u201d but also reduce tax evasion and boost the country\u2019s fledgling financial sector.<\/p>\n<p><strong>ANCA voices disapproval<\/strong><\/p>\n<p><a href=\"http:\/\/blog.armeniancause.net\/wp-content\/uploads\/2013\/11\/anca_logo.gif\"><img decoding=\"async\" src=\"http:\/\/blog.armeniancause.net\/wp-content\/uploads\/2013\/11\/anca_logo-150x150.gif\" alt=\"anca_logo\" width=\"150\" height=\"150\" class=\"alignright size-thumbnail wp-image-20\" srcset=\"https:\/\/ancnews.info\/wp-content\/uploads\/2013\/11\/anca_logo-150x150.gif 150w, https:\/\/ancnews.info\/wp-content\/uploads\/2013\/11\/anca_logo-300x300.gif 300w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/a>Speaking from Washington D.C., the Executive Director of the Armenian National Committee of America, Aram Hamparian, voiced his disappointment at the U.S. government\u2019s support for the pension reform law.<\/p>\n<p>\u201cThe US Congress, reflecting the will of the American people, rejected a relatively modest effort by President Bush to privatize a portion of our Social Security system,\u201d Hamparian said in his comments.<\/p>\n<p>\u201cSo, why then is our U.S. government \u2014 in the face of public protests and broad-based political opposition \u2014 so persistently pushing for a far more extreme model of pension privatization in Armenia?\u201d<\/p>\n<p><strong>ASBAREZ<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>YEREVAN\u2014Despite continuing public demonstrations against the Armenian government\u2019s new, controversial pension reform law and President Serzh Sargsyan\u2019s acknowledgement that 80 percent<\/p>\n","protected":false},"author":1,"featured_media":938,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[172],"tags":[126],"class_list":["post-937","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-in-the-news-","tag-anca"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - 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