Argentine Government increases pensions by 15%

It is the sixth increase granted after the approval of the new retirement mobility law, which establishes quarterly updates in pensions based on a formula determined by the wage index and tax collection.

RIO DE JANEIRO, BRAZIL - On May 19, Argentina's Government announced a 15% increase in the pensions received by more than 7.1 million people, which will be applied next June, official sources informed.

It is the sixth increase granted after the approval of the new retirement mobility law, which establishes quarterly updates in pensions based on a formula determined by the wage index and tax collection.

According to a resolution published . . .

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