Wednesday, 2 April 2014
Announcement
The Constitutional Court emphasized as follows: the experience of over 50 countries has shown that the introduction of the funded pension system increases stability and well-being in the country. At the same time, the Court has stated that there are flaws in the law that need to be corrected by September 30, 2014.
The Government shall advance this radical reform aimed at increasing people’s well-being along the path of constitutional arrangements.
The Government will adopt a program for further action after receiving the Constitutional Court’s ruling.