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Argentina Sets 1.88% October Pension Increase as Peru Clears Up to 4 UIT AFP Withdrawals

CPI-linked indexing in Argentina coincides with Peru's operational rules for AFP withdrawals, defining timelines and safeguards.

Overview

  • ANSES formalized a 1.88% October adjustment under the mobility rule (Resolución 317/2025) after August CPI, clarifying media reports that cited 1.9%.
  • Minimum pension rises to ARS 326,298.38 and reaches ARS 396,298.38 with the fixed ARS 70,000 bonus paid in full at the minimum and proportionally up to the cap; the maximum updates to about ARS 2,195,679.22.
  • October payments for minimum-benefit retirees begin Wednesday, October 8 by DNI, with benefits scheduled for Friday, October 10 subject to reprogramming due to the moved national holiday.
  • Peru’s SBS approved the procedure to enable voluntary AFP withdrawals of up to 4 UIT (S/21,400) effective October 21, opening a 90‑day application window with disbursements in up to four monthly installments of 1 UIT each.
  • The SBS limits retention to alimentary debts of up to 30% per installment and instructs AFPs to provide identity verification for applicants abroad plus accounting and cybersecurity controls.