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Argentina Confirms August Pension Increase and $70,000 Bonus with New Caps

The government tied a 1.89% mobility raise to June inflation and set a rule that limits the bonus to raise low pensions while preserving longer‑term fiscal boundaries.

Overview

  • ANSES applied a 1.89% mobility adjustment for August 2026 to pensions and benefits based on June CPI, raising the statutory minimum pension to $419,775.93 and the maximum pension to $2,824,694.49 under Resolution 232/2026.
  • Decree 686/2026 formalized an extraordinary August bonus of up to $70,000 that is paid in full to minimum recipients, paid proportionally for mid‑range benefits and barred for any beneficiary whose total monthly income would exceed $489,775.93.
  • ANSES published a staggered payment calendar running from August 10 to August 31 and warned the schedule shifts because the national holiday on August 17 delays one group’s deposits by one business day.
  • Analysts and coverage note most pensioners will remain below the income‑tax threshold and thus avoid Ganancias retentions, while the fixed $70,000 bonus has not been reindexed since March 2024 so its real value has declined.
  • Resolution 232/2026 also raised the minimum and maximum contributory bases used for social security contributions, a technical change that affects future pension calculations and employer/worker contribution ceilings.