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Governments Finalize 2026 Pay Adjustments: Argentina Pensions, Peru Public Salaries, New York and Mexico Minimum Wages

CPI-linked updates aim to shore up purchasing power at the start of 2026.

Overview

  • Argentina’s ANSES set a 2.47% increase for January pensions based on November CPI and confirmed an extraordinary bonus of up to $70,000 credited with January benefits, excluded for those whose monthly pay exceeds $419,401.58.
  • ANSES published the January payment calendar by DNI and set February dates, with the February adjustment to be calculated from December inflation once INDEC releases the figure mid‑January.
  • Peru’s Economy Ministry issued decrees effective January 1 granting fixed monthly raises of S/53 and S/100 across specified public‑sector regimes, counted as remunerative and pensionable, subject to AIRHSP registration and a S/15,600 income cap, with reporting estimating about 600,000 beneficiaries.
  • Peru’s ONP raised the maximum national pension by S/107 to S/1,000 under DS 330‑2025‑EF, with the higher amounts to be paid in the February 2026 cycle using an alphabetical payout schedule.
  • New York’s minimum wage rises on January 1 to $17.00 per hour in NYC/Long Island/Westchester and $16.00 elsewhere with future CPI indexing, while Mexico’s confirmed 2026 daily minimums are $315.04 pesos in the general zone and $440.87 pesos in the northern border free zone.