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Protests Against Pension Reforms Continue with 'March of Lights'

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  • Protests Against Pension Reforms Continue with 'March of Lights'

    Protests Against Pension Reforms Continue with 'March of Lights' (VIDEO)

    02.22.2014 09:42 epress.am


    Several thousand residents protesting the new funded pension system
    introduced in Armenia on Jan. 1, 2014, held a "March of Lights" on
    Friday night.

    Recall, the new system introduced a compulsory component by which
    5-10% of the monthly salaries of those born after 1973 are required go
    to one of two private pension funds selected by the government.

    Participants gathered outside Matenadaran (the Mesrop Mashtots
    Institute of Ancient Manuscripts) sporting headlamps and carrying
    drums, chanting "We are against the mandatory [pension system]!",
    "Join us!", and "No to the funded [pension system]!"

    The march then proceeded down Mashtots Ave. to Republic Square, ending
    at Liberty Square near the Opera.

    Details in the video below.
    http://www.youtube.com/watch?v=_juo76fTrss
    http://www.epress.am/en/2014/02/22/protests-against-pension-reforms-continue-with-march-of-lights-video.html

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