News of pensions

Pensioners the biggest losers of Milei’s first year in office

Yesterday 13:20 Some five million retirees in Argentina receive just a minimum pension and bonus payment amounting to some US$320, just a third of the estimated living cost for an older adult.

Analysing Argentina

Milei’s deserved but premature celebration

12-10-2024 06:09 If two highly sensitive issues like pensions and universities fail to gather the two-thirds majority needed to overturn vetoes, President Milei can rest assured that his executive powers will remain intact for another year.

by Marcelo J. García

EDITORIAL

Nobody wins

14-09-2024 06:37 Milei risks his popularity with insensitivity towards pensioners in the name of maintaining a fiscal surplus.

CONGRESS & POLITICS

Clashes outside Congress as lawmakers back Milei veto of pensions hike

11-09-2024 23:31 President’s charming of lawmakers pays off as move to overturn his veto of pension bill fails; At least 12 people injured and four arrested in clashes between demonstrators and security forces.

CONGRESS & POLITICS

Milei’s veto prevails as Congress pivots on key bill

11-09-2024 17:06 President Javier Milei’s veto of legislation that would have increased social security spending prevailed Wednesday after government lobbying efforts chipped away at the measure’s support.

CONGRESS & POLITICS

Congress debates Milei veto of pensions increase

11-09-2024 13:37 Lawmakers in the lower house open debate on whether to overturn President Javier Milei's veto of a bill to increase pensions, amid heavy security due to a planned protest.

ECONOMY & POLITICS

Demonstration against veto of pension reform turns violent

04-09-2024 19:45 Police and security forces clash outside Congress with march in defence of retirees and pensioners; Groups of “pro-dialogue” lawmakers seek backing to overturn Milei veto in lower house in special session next Wednesday.

POLITICS & CONGRESS

Milei strikes down pension bill forcing government to boost payments

02-09-2024 13:16 President Javier Milei signs decree striking down pension reform bill passed by both houses of Congress; Government begins bid to persuade lawmakers not to overturn veto.

POLITICS

Milei government confirms it will veto bill to increase pensions

24-08-2024 16:04 This was disclosed in a press release on social networks. “Congress, in an act of demagogical populism, approved an irresponsible, illegal and unconstitutional bill”, it stressed. Mauricio Macri and his political gesture to Javier Milei over the pension reform: “I support the veto”.

Congress & Politics

Milei clashes with Senate over pensions, vows to veto increase

23-08-2024 14:27 President Javier Milei announced Friday he will veto pension increases approved by the Senate the previous day, branding those who voted for the boost "fiscal degenerates."

POLITICS & CONGRESS

Senate passes new pension formula in defiance of Milei

22-08-2024 19:00 Senators approve bill that defies President Javier Milei’s bid to balance government’s books by reworking how pension payments are calculated.

CONGRESS & POLITICS

Milei vows veto as deputies approve new pension formula

05-06-2024 10:20 Deputies rebel against government, voting 160-72 in favour of new formula to update pensions; President immediately vows to strike down bill should it clear Senate.

PENSIONS

Francos confirms new pension formula will come by decree

22-03-2024 16:25 Interior Minister Guillermo Francos says pensioners will receive an increase of 12.5% next month and that new formula will be established by emergency decree.