Overview

• President Javier Milei upheld his promise to veto the Senate’s 7.2% extraordinary pension increase, leaving the automatic CPI-linked mobility formula to deliver a 1.6% rise and maintain the 70,000-peso minimum bonus for August.
• Corrientes granted a 110,000-peso “plus” to permanent state employees in July, a move unions criticized for excluding over 20,000 precarious workers and failing to address basic salary levels.
• Governor Martín Llaryora’s Córdoba administration began implementing an 84.21% hike in the provincial minimum pension from 380,000 to 700,000 pesos, complemented by a bimonthly 100,000-peso bonus.
• The Córdoba boost is funded by a 60,000 million–peso ANSES advance approved in May under a Supreme Court settlement of the national debt to the provincial pension fund.
• The clash over social benefits highlights growing fiscal federal tensions as high inflation erodes real incomes and provinces seek direct funding to protect retirees beyond national constraints.