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Armenia pension reform opposing movement to stage awareness campaign

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  • Armenia pension reform opposing movement to stage awareness campaign

    Armenia pension reform opposing movement to stage awareness campaign

    May 31, 2014 | 12:41


    YEREVAN. - The "Dem.Am [I am against]" movement--which is a civic
    initiative that opposes the mandatory component of the new funded
    pension law in Armenia--on Saturday will hold an awareness campaign in
    downtown capital city Yerevan.

    In this way, they will urge people to write petitions to their
    employers and demand from them not to make the mandatory pension
    deductions from their salaries, the movement's Facebook account
    informed.
    The participants in the awareness campaign will assemble outside the
    Matenadaran, which is one of the world's oldest repositories of
    ancient manuscripts.

    President Serzh Sargsyan on Monday signed the Law on Making an
    Amendment to the Law on Funded Pensions. On May 15, the National
    Assembly had approved the revisions on the Law on Funded Pensions. In
    line with the revisions, the funded pension deductions will become
    voluntary until the government submits the new bill that will decide
    the ultimate fate of the pension reform. Starting from Thursday, the
    people have begun sending respective petitions to their employers.


    News from Armenia - NEWS.am

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