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Yerevan demonstrators against pension reform clash with police - Vid

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  • Yerevan demonstrators against pension reform clash with police - Vid

    Yerevan demonstrators against pension reform clash with police - Video

    February 06, 2014 | 14:00


    YEREVAN. - There was a tense situation on Thursday, nearby the State
    Revenue Committee (SRC) building in capital city Yerevan, at the "I am
    against" civil movement's "conquest of rights" march against the
    mandatory cumulative pensions in Armenia.

    The police did not allow the participants in the march to approach the
    SRC building. But several demonstrators managed to approach the
    building and attach the "I am against" movement's information stickers
    on the doors of the building. The police officers, however, stripped
    the stickers off the doors.

    Subsequently, the protesters passed through the police wall and
    approached the SRC building. There was an ensuing clash between the
    demonstrators and the police officers, who forcibly pushed the
    protesters back. The situation was tense for a moment, but it quickly
    subsided.


    Now, the participants in the march are walking toward the Municipality
    of Yerevan, where they plan to end their march. A large number of
    police officers are already standing in front of the city hall
    building, the Armenian News-NEWS.am reporter informs.

    Unlike the previous demonstrations, however, representatives from the
    four non-ruling-coalition parliamentary forces are not taking part in
    this march. Solely opposition Heritage Party Chairman, ex-presidential
    candidate, and former FM, Raffi Hovannisian has joined this
    demonstration.

    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://www.youtube.com/watch?v=tersR6iTA8k

    http://news.am/eng/news/192936.html




    From: A. Papazian
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