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Armenian civic group protests pension reforms
15:54 * 22.03.14
As part of its active campaign against the funded pensions, the civic
group I am Against!organized Saturday afternoon a new rally in
Yerevan's Liberty Square to protest against the compulsory component
of the new pension law.
The activists are planning a march after the event.
Speaking at the meeting, several members of the group said the
initiative is aimed demonstrating the solidarity of the civic campaign
and raising the society's awareness of the developments that followed
their first rally held on January 18.
Opposition lawmakers also joined the public event.
The activists of I am Against! urge the Constitutional Court to
declare the mandatory component of the pension law illegal.
The controversial pension reforms, which went into effect on January
1, required that all the employed Armenian citizens born in 1974 or
later make monthly contributions to the pension funds in the amount of
5%-10% of their salaries. The measure met strong protests by the
society, with many expressing distrust in the system. The
parliamentary opposition (ARF-D, Heritage, Armenian National Congress
and Prosperous Armenia) later appealed to the Constitutional Court,
asking it to revise the controversial provisions of the amended
pension law. On January 24, the CC issued a ruling to suspend the
mandatory component. A final ruling is due on March 24.
http://www.tert.am/en/news/2014/03/22/dem-am/
15:54 * 22.03.14
As part of its active campaign against the funded pensions, the civic
group I am Against!organized Saturday afternoon a new rally in
Yerevan's Liberty Square to protest against the compulsory component
of the new pension law.
The activists are planning a march after the event.
Speaking at the meeting, several members of the group said the
initiative is aimed demonstrating the solidarity of the civic campaign
and raising the society's awareness of the developments that followed
their first rally held on January 18.
Opposition lawmakers also joined the public event.
The activists of I am Against! urge the Constitutional Court to
declare the mandatory component of the pension law illegal.
The controversial pension reforms, which went into effect on January
1, required that all the employed Armenian citizens born in 1974 or
later make monthly contributions to the pension funds in the amount of
5%-10% of their salaries. The measure met strong protests by the
society, with many expressing distrust in the system. The
parliamentary opposition (ARF-D, Heritage, Armenian National Congress
and Prosperous Armenia) later appealed to the Constitutional Court,
asking it to revise the controversial provisions of the amended
pension law. On January 24, the CC issued a ruling to suspend the
mandatory component. A final ruling is due on March 24.
http://www.tert.am/en/news/2014/03/22/dem-am/