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Argentina Approves 1.6% Pension and Allowance Increase for August as Senate’s Larger Boost Faces Veto

Tied to June’s inflation figure, the adjustment preserves minimum support as a Senate-approved package heads toward a presidential veto

Overview

  • ANSES will apply a 1.6% rise to all pensions, retirement benefits and family allowances in August based on INDEC’s June CPI
  • The ARS 70,000 provisional bonus remains for retirees whose updated benefits do not exceed ARS 384,243.51, tapering proportionally for incomes up to that cap
  • The minimum pension will increase from ARS 309,265.50 to ARS 314,249.94 and the maximum from ARS 2,081,086.28 to ARS 2,114,388.66
  • Family allowances such as the Asignación Universal por Hijo and SUAF will also climb by 1.6% under the same mobility formula
  • Senate-approved measures for a 7.2% general hike and an ARS 110,000 bonus are poised for a veto by President Milei