YP Yerevan

The AGBU Young Professionals (YP)  are a growing network of YP groups and supporters from around the world who promote the Armenian identity and heritage for young Armenians between the ages of 22 to 40.

Inspiring YPs to get involved and stay involved through an open-door policy, the network has acquired an international reputation for fostering a sense of community and belonging.

The AGBU Young Professionals are the largest Armenian YP network of its kind today.

Making a difference for 15 years, the YP movement began in 1995 with the first group in Los Angeles.

Since then, the network has expanded to include groups in Northern California, Greater New York, Orange County, Lebanon, Philadelphia, Paris, Plovdiv, SofiaBoston, Toronto, London, Yerevan, Austria, BrazilWashington DCBuenos Aires, Montréal, Hamburg, United Arab Emirates, Marseille,and Chicago with partnerships with organizations SIVAM in Moscow and HAIK in Frankfurt.

To join AGBU YP Yerevan group fill out the application form.

 

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AGBU YP YEREVAN ORGANIZES PUBLIC DISCUSSION ON PENSION REFORMS

One of the most controversial and discussed issues in Armenia at the end of 2013 was the RA Government’s decision on mandatory pension reforms. The issue, still unresolved, and now under review by the Constitutional Court of Armenia, remains a hot topic and has become a reason for major public discontent and demonstrations. The law requires that all working citizens of Armenia under the age of 40 must pay five percent of their salaries to privately owned pension funds in addition to social security payments made by their employers. The government says the reform will ensure decent pension plans for citizens when they retire at age 63. The pension reform plan does not impact taxpayers over the age of 40. This issue compelled AGBU Young Professionals (YPs) in Yerevan to organize an open discussion with Nerses Yeritsyan, Deputy Chairman of the RA Central Bank. The December 19 event, held at the AGBU Armenia Representation Office was attended by AGBU Central Board Member Vasken Yacoubian, AGBU Deputy Director Hovig Eordekian, and AGBU YP Yerevan Liaison Anna Aghajanian. Over 80 concerned taxpayers attended the standing room only event. Deputy Chairman Yeritsyan presented the background and reasons for the government’s decision, as well as the impact, advantages and expected outcomes. To illustrate his point, he drew parallels with the successful or failed experiences of other countries. A lively question and answer session followed. An intense debate began about the expedience of the decision, its pros and cons, the lack of proper public debate and public awareness campaigns and the public’s opposition to the mandatory nature of the decision. As a sign of protest, some participants left, boycotting the meeting. However, the meeting continued until late in the evening in a warmer and friendlier atmosphere. By providing an opportunity to the government to present its position on the decision, and youth the chance to express their concerns, YP Yerevan offered an important service to all concerned. The implementation of this reform was to go into force on January 1, 2014. However, four minority factions in the RA National Assembly had filed a case with the Constitutional Court regarding the legality of the law. On January 24, the Constitutional Court partially suspended the controversial pension law until the final decision on its constitutionality is determined on March 28.

 
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