Funded Pension System of Armenia: History of Formation

Karen R. Tamazyan () and Arman E. Jhangiryan ()
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Karen R. Tamazyan: Ministry of Finance of the Republic of Armenia, Yerevan 0010, Armenia
Arman E. Jhangiryan: Ministry of Finance of the Republic of Armenia, Yerevan 0010, Armenia

Finansovyj žhurnal — Financial Journal, 2018, issue 4, 53-61

Abstract: The article reviews the Armenian pension system, particularly, funded pension system, its history and necessity of implementation. At the same time, international practices of countries such as Peru and Chile which have undertaken a private pension system are being introduced. Moreover, the authors draw a comparisons between “private” and “state” pensions, considering possible alternatives to the private system. The article includes a brief overview of how funded pension system works, as well as the figures for assets under management for pension funds and their allocation.

Keywords: Armenia; pension system; funded pension system; pension shares; pension assets manager (search for similar items in EconPapers)
JEL-codes: G20 H55 J26 (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:fru:finjrn:180405:p:53-61

DOI: 10.31107/2075-1990-2018-4-53-61

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