March against accumulative pension system held in Yerevan
Opponents of the accumulative pension system held a march to the Constitutional Court of Armenia.
Representatives of ARFD, Heritage, Prosperous Armenia and Armenian National Congress parliamentary factions participated in the march.
They handed over a letter to Constitutional Court Chief of Staff Arushan Hakobyan.
“We hope that the Constitutional Court will act for the Republic of Armenia,” Naira Zohrabyan said.
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 5% of their wages to a private pension fund.