YEREVAN. – The “Dem.Am [I am against]” movement—which is a civic initiative that opposes the mandatory component of the new funded pension law in Armenia—on Saturday will hold an awareness campaign in downtown capital city Yerevan.

In this way, they will urge people to write petitions to their employers and demand from them not to make the mandatory pension deductions from their salaries, the movement’s Facebook account informed.
The participants in the awareness campaign will assemble outside the Matenadaran, which is one of the world’s oldest repositories of ancient manuscripts.

President Serzh Sargsyan on Monday signed the Law on Making an Amendment to the Law on Funded Pensions. On May 15, the National Assembly had approved the revisions on the Law on Funded Pensions. In line with the revisions, the funded pension deductions will become voluntary until the government submits the new bill that will decide the ultimate fate of the pension reform. Starting from Thursday, the people have begun sending respective petitions to their employers.