Ter-Petrosyan gets lifetime presidential pension

Ter-Petrosyan gets lifetime presidential pension

 

First Armenian President Levon Ter-Petrosyan (1991-1998) has been granted a lifetime presidential pension, as stated by David Arutyunyan, the head of the government’s office, presenting amendments to the law on rewards, service for the president and security at a governmental session today, ARKA reports.Ter-Petrosyan will also be allowed to use his office for as long as needed. His pension will total 80% of the incumbent president’s salary.The first president of Armenia marked his 70th birthday on January 9. It appeared that the law was not allowing the ex-president to keep the office after becoming 70 years old.Ter-Petrosyan was succeeded by Robert Kocharyan in 1998-2008. Serzh Sargsyan has been the president since 2008.

 

First Armenian President Levon Ter-Petrosyan (1991-1998) has been granted a lifetime presidential pension, as stated by David Arutyunyan, the head of the government’s office, presenting amendments to the law on rewards, service for the president and security at a governmental session today, ARKA reports.

Ter-Petrosyan will also be allowed to use his office for as long as needed. His pension will total 80% of the incumbent president’s salary.

The first president of Armenia marked his 70th birthday on January 9. It appeared that the law was not allowing the ex-president to keep the office after becoming 70 years old.

Ter-Petrosyan was succeeded by Robert Kocharyan in 1998-2008. Serzh Sargsyan has been the president since 2008.

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