Thousands protest Armenia's new pension plan | Bangkok Post: news

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Thousands protest Armenia's new pension plan

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Some 6,000 opposition activists protested in Yerevan on Saturday against a controversial new obligatory pension scheme. 

Armenians rally in Yerevan, on February 20, 2013

The new plan, which took effect on January 1, essentially forces all people born after 1974 to pay five percent of their wages into private pension funds.

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