The mandatory funded pension system continues to be one of the most controversial issues in Armenia today. The Constitutional Court is to decide on March 28 whether the element of the pension reform envisaging additional pension contributions by citizens aged below 40 should be mandatory or voluntary. However, the Ministry of Finance continues pressurizing employers in Armenia and demands that they deduct money from employees’ salaries to pension funds, says Davit Manukyan, a member of I Am Against pressure group.
The initiative is going to stage another protest outside the Ministry.
“Let me remind that on March 28 the CC opens hearing into the case,” Manukyan said adding that the initiative intends to intensify the struggle against the pension reform.