43,000 teachers of secondary, special and vocational schools eligible to social security package next year
17.11.2011,
23:39
In 2012 some 43,000 teachers of secondary, special and vocational schools will be eligible to a new social security package, designed by the government for low-paid public sector workers, Education and Science Minister Armen Ashotyan said at a news confer
YEREVAN, November 17. / ARKA /. In 2012 some 43,000 teachers of secondary, special and vocational schools will be eligible to a new social security package, designed by the government for low-paid public sector workers, Education and Science Minister Armen Ashotyan said at a news conference today.
Under next year’s draft budget civil servants will be provided with a social security package and will have an opportunity to avail themselves of this package to pay interests on their mortgage, to cover their medical expenses by means of insurance policies. They will also be enabled to pay the tuition fees of their student family members. The 2012 draft budget has earmarked 18 billion drams to this end.
Ashotyan said the package will not cover the workers of educational institutions, including state-run and private which offer paid training.
The 2012 draft budget calls for 910 billion drams in revenues and 1.042.5 trillion drams in spending. The projected deficit is 132.5 billion drams. The amount of revenue is projected to increase by 6.8% from this year’s budget (852.4 billion drams). The spending is expected to grow by 41.5 billion drams.
Some 86.1% of the spending (897.8 billion drams) is projected as current expenditure; 13.9% or 144.7 billion drams are projected as net non-financial expenditure. Some 46.2% are projected as social spending (education, health, social security). $1 - 384.9 drams). -0-
Under next year’s draft budget civil servants will be provided with a social security package and will have an opportunity to avail themselves of this package to pay interests on their mortgage, to cover their medical expenses by means of insurance policies. They will also be enabled to pay the tuition fees of their student family members. The 2012 draft budget has earmarked 18 billion drams to this end.
Ashotyan said the package will not cover the workers of educational institutions, including state-run and private which offer paid training.
The 2012 draft budget calls for 910 billion drams in revenues and 1.042.5 trillion drams in spending. The projected deficit is 132.5 billion drams. The amount of revenue is projected to increase by 6.8% from this year’s budget (852.4 billion drams). The spending is expected to grow by 41.5 billion drams.
Some 86.1% of the spending (897.8 billion drams) is projected as current expenditure; 13.9% or 144.7 billion drams are projected as net non-financial expenditure. Some 46.2% are projected as social spending (education, health, social security). $1 - 384.9 drams). -0-
