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Pension reforms protest kicks off in Armenia's Vandzor

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  • Pension reforms protest kicks off in Armenia's Vandzor

    Pension reforms protest kicks off in Armenia's Vandzor (photos, video)

    http://www.tert.am/en/news/2014/02/08/protest-vanadzor1/
    15:44 * 08.02.14


    The activists of civic group conducting an active campaign against the
    funded pensions are protesting today in Armenia's third largest city,
    Vanadzor.

    The crowd began with a procession and then gathered in the city's
    Artsakh square for a rally.

    Different activists of the group 'I am Against!' are now delivering
    speeches in the city's Artsakh square, expressing their protest
    against the amended pension law.

    "Why should the Government do a favor to others with our money? Our
    money goes to god knows where and god knows why," said Tigran
    Simonyan, a young activist attending the protest.

    The compulsory component of the pension law, which requires that all
    Armenian citizens born after 1973 pay 5%-10% of their salaries to the
    pension funds, went into effect on January 1. But shortly after it was
    suspended by the Constitutional Court in the wake of a wild public
    anger and protests. But the group claim claims that despite the
    ruling, many organizations in Armenia urge their emplyees to pay the
    salary taxes.


    Video by CivilNet TV
    http://www.youtube.com/watch?v=hHBzkaUPLpw

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