Protests Against Pension Reforms Continue with ‘March of Lights’ (VIDEO)
02.22.2014 09:42 epress.am
Several thousand residents protesting the new funded pension system
introduced in Armenia on Jan. 1, 2014, held a “March of Lights” on
Friday night.
Recall, the new system introduced a compulsory component by which
5-10% of the monthly salaries of those born after 1973 are required go
to one of two private pension funds selected by the government.
Participants gathered outside Matenadaran (the Mesrop Mashtots
Institute of Ancient Manuscripts) sporting headlamps and carrying
drums, chanting “We are against the mandatory [pension system]!”,
“Join us!”, and “No to the funded [pension system]!”
The march then proceeded down Mashtots Ave. to Republic Square, ending
at Liberty Square near the Opera.
Details in the video below.
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