Artsakh residents` pension savings are safe and secure: Armen  Nurbekyan

ArmInfo. Artsakh residents' pension savings are safe and secure, as stated by Deputy Chairman of the Central Bank of Armenia Armen Nurbekyan to journalists on  November 25th. , he said.  The Central Bank representative noted that he could  not provide any additional information due to the appeal to the  Constitutional Court regarding the issue. In response to the remark  that Artsakh residents would like to use their savings, Nurbekyan  noted: . 

During the briefing, Artur Khachatryan, a member of the opposition  Hayastan faction, pointed out that following the war and deportation,  many Artsakh residents were looking forward to using their pension  savings. However, the oppositionist noted, the Armenian authorities  confiscated the pension savings of Artsakh citizens and started using  them at their own discretion. "If they automatically transition  citizens of Artsakh to Armenian citizenship, why are they not  consistent in all matters, especially when it comes to granting  citizenship to everyone?" Khachatryan said. 

The funded pension system was introduced in Karabakh shortly after  the Republic of Armenia did so in June 2019, under identical  conditions. Citizens born in 1974 and younger were able to  participate in it, with half of the pension contributions made by the  government. Following Azerbaijan's aggression against  Nagorno-Karabakh and the forced displacement of its population, the  Armenian parliament made changes to the law. As a result, their  savings accounts continued to operate in the RA automatically,  without their discretion.