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Argentina Sets January Pension Payouts With 2.47% Update and $70,000 Bonus Limit

The January payouts reflect the shift to inflation-linked indexation under DNU 274/2024.

Overview

  • ANSES applied a 2.47% CPI-based increase for January, taking the minimum benefit to $349,299.32 and the maximum to roughly $2.35 million.
  • A non‑remunerative Compensación Económica of up to $70,000 is maintained, paid in full to minimum earners and proportionally to others until a total cap of $419,299.32.
  • The agency published a staggered payment calendar by DNI and confirmed a second tranche of variable compensation starting around January 23 for beneficiaries above the minimum but below the cap.
  • Under the current rule, increases track inflation with a two-month lag, replacing the former wage-and-revenue formula established by Law 27.609.
  • A CEPA study reported a 27.4% loss in purchasing power versus the previous formula, while the December CPI to be released on January 13 will determine February’s adjustment.