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Hundreds March To Protest Launch Of Mandatory Pension System - Photo

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  • Hundreds March To Protest Launch Of Mandatory Pension System - Photo

    HUNDREDS MARCH TO PROTEST LAUNCH OF MANDATORY PENSION SYSTEM - PHOTOS

    Narek Aleksanyan

    16:24, November 15, 2013

    A few hundred people marched to the National Assembly today to voice
    their opposition to a new mandatory funded pension system set to
    begin as of January 1, 2014.

    Inside the parliament, a special hearing was planned to debate an
    opposition proposal to postpone the start of the system by one year.

    Under the plan, those born after 1974 will have to contribute from
    6.6-13% of their wages into the system.

    The hearing, however, never took place as ruling coalition MPs never
    showed up.

    http://hetq.am/eng/news/30790/hundreds-march-to-protest-launch-of-mandatory-pension-system.html

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