Citizens rally against law on accumulative pension system
The public interest group "Against 5% compulsory pension payments" staged a rally near the parliament building in protest against the bill on amendments to the Law on the Accumulative Pension System. Then they announced that they are moving towards the office of the Republican Party of Armenia (RPA), a Panorama.am correspondent reported.
The Law on the Accumulative Pension System enters into force on January 1, 2014. The law stipulates that Armenian citizens born after 1974 must transfer from 6.6% to 13% of their wages to the pension fund.