YEREVAN. – Head of the Heritage parliamentary faction Zaruhi Postanjyan issued a message welcoming the first joint rally in 2014.

“The great public influence of the expected rally will finally lead to victory,” she wrote on Facebook.

A large gathering-march is expected to be held Saturday at Yerevan’s Liberty Square. Those fighting against the new cumulative pension plan and the representatives from the four non-ruling-coalition factions—specifically, the Armenian National Congress, Prosperous Armenia, ARF Dashnaktsutyun, and Heritage—of the Armenian National Assembly will take part in this event.   

The pension plan, which came into force on January 1, 2014, is mandatory for those born in and after 1974 and voluntary for those born before 1974. In line with this plan, 5 to 10 percent of the monthly salaries in Armenia will be deducted and mandatorily be allocated to cumulative pension funds; the latter will be reimbursed as pensions once a person turns 63 years old.