The civil initiative "Against forceful pension payments" goes on informing the community about the obligatory accumulative pension system that will start functioning since 1 January 2014.
On 14 December, at 2:30 PM a group of Fathers Christmas will start the march at Yerevan streets. They will inform citizens about breaking of their constitutional rights that will start in 2014, and about decrease of their salary. They will also call on citizens to unite and fight for their rights and justice, as well as join the protest action to be held on 17 December.
The bill, effective from January 1, will require Armenians under the age of 40 to pay more social security taxes. The unpopular measure stems from Armenia's transition to a new system whereby the amount of pensions will depend on workers' lifelong contributions to pension funds.
Hundreds of people have demonstrated against it in recent weeks. Armenia's leading opposition groups have backed their demands, saying that the reform is unfair as it will cut the real incomes of scores of people. They plan to ask the Constitutional Court to declare it unconstitutional.