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Argentina Sets 1.9% Pension Increase After September Inflation

INDEC’s 1.9% September CPI, published Tuesday, triggers the mobility formula that will raise ANSES payments in November.

Overview

  • The INDEC inflation report published on Tuesday, October 13, recorded 1.9% for September and that figure determines a 1.9% mobility increase to be applied to ANSES benefits in November.
  • ANSES already applied a 1.66% mobility rise for October and paid an extraordinary refuerzo of up to $70,000 to eligible low‑income retirees, bringing the October minimum pension plus bonus to about $505,748.51.
  • The $70,000 bonus is not automatic for November and requires a separate government disposition or decree before it can be paid again.
  • ANSES resumed October deposits on October 13 following the holiday and will publish the formal November resolution with definitive nominal values and the payment calendar by DNI termination.
  • Beneficiaries should expect mandatory PAMI deductions that lower net receipts—3% on the minimum pension and an additional 6% on the portion above the minimum—which will reduce the cash actually received by retirees.