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People To March Against Pension Reform In Armenia On 21 February

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  • People To March Against Pension Reform In Armenia On 21 February

    PEOPLE TO MARCH AGAINST PENSION REFORM IN ARMENIA ON 21 FEBRUARY

    by Tatevik Shahunyan

    ARMINFO
    Thursday, February 20, 14:02

    People will be marching against the Mandatory Accumulative Pension
    System in Armenia on 21 February.

    In a relevant group on Facebook the organizers urge people to go
    to streets with electric torchlights at 6:30pm Yerevan time on
    21 February. The action will start from the Institute of Ancient
    Manuscripts Matenadaran. The torchlights will be symbolizing the right
    path for the citizens having no strict position on the pension reform.

    To recall, the voluntary accumulative pension system was introduced
    in Armenia on Jan 1 2011. The system became compulsory starting Jan 1
    2014, which sparked public outrage. Armenian Constitutional Court's
    decision of January 24 suspended some provisions of the Law on the
    Accumulative Pension until the Court considers its constitutionality
    on Mar 28 2014.

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