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Yerevan protests against new pension plan to become nationwide movement
February 06, 2014 | 14:37
YEREVAN. - The "I am against" civil movement's "conquest of rights"
march on Thursday, and against the mandatory cumulative pensions in
Armenia, arrived in capital city Yerevan Municipality building.
The participants in the march called upon the city hall employees not
to permit their superiors to deduce the mandatory pension payment from
their salaries.
The demonstrators also urged the Municipality workers and all local
government agencies to organize themselves against the unlawfulness.
In addition, the protestors informed that their next step will be to
stage regional protests.
"This will become a nationwide and a republic-wide movement. We will
demand an end to this unconstitutional law. The movement will gather a
greater momentum. We have come out of the climate of apathy," the "I
am against" movement members stated, in particular.
The new cumulative pension plan, which formally came into force in
Armenia on January 1, 2014, is mandatory for those born in and after
1974 and voluntary for those born before 1974. In line with this plan,
5 to 10 percent of the monthly salaries in Armenia will be deducted
and mandatorily be allocated to cumulative pension funds; the latter
will be reimbursed as pensions once a person turns 63 years old.
On January 24, however, the Constitutional Court decided to suspend
the execution of the some components of the Law on Cumulative Pensions
pending the hearing of the petition submitted by the four
non-ruling-coalition parliamentary forces--specifically, the Armenian
National Congress, Prosperous Armenia, ARF Dashnaktsutyun, and
Heritage--, and into the constitutionality of the several articles of
the law.
Notwithstanding this, some companies already are deducing the
mandatory pension payment from the salaries of their employees.
http://news.am/eng/news/192948.html
http://www.youtube.com/watch?v=0XvjBfmdkPM
February 06, 2014 | 14:37
YEREVAN. - The "I am against" civil movement's "conquest of rights"
march on Thursday, and against the mandatory cumulative pensions in
Armenia, arrived in capital city Yerevan Municipality building.
The participants in the march called upon the city hall employees not
to permit their superiors to deduce the mandatory pension payment from
their salaries.
The demonstrators also urged the Municipality workers and all local
government agencies to organize themselves against the unlawfulness.
In addition, the protestors informed that their next step will be to
stage regional protests.
"This will become a nationwide and a republic-wide movement. We will
demand an end to this unconstitutional law. The movement will gather a
greater momentum. We have come out of the climate of apathy," the "I
am against" movement members stated, in particular.
The new cumulative pension plan, which formally came into force in
Armenia on January 1, 2014, is mandatory for those born in and after
1974 and voluntary for those born before 1974. In line with this plan,
5 to 10 percent of the monthly salaries in Armenia will be deducted
and mandatorily be allocated to cumulative pension funds; the latter
will be reimbursed as pensions once a person turns 63 years old.
On January 24, however, the Constitutional Court decided to suspend
the execution of the some components of the Law on Cumulative Pensions
pending the hearing of the petition submitted by the four
non-ruling-coalition parliamentary forces--specifically, the Armenian
National Congress, Prosperous Armenia, ARF Dashnaktsutyun, and
Heritage--, and into the constitutionality of the several articles of
the law.
Notwithstanding this, some companies already are deducing the
mandatory pension payment from the salaries of their employees.
http://news.am/eng/news/192948.html
http://www.youtube.com/watch?v=0XvjBfmdkPM