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Argentina Confirms May Pension Increase and $70,000 Bonus as Payments Start May 11

The move sets a floor for low-income retirees of about $463,174 in May under an inflation-linked update and a renewed extraordinary top-up.

Overview

  • ANSES confirmed a 3.38% mobility update for May based on March inflation, raising the minimum pension to $393,174.10 and lifting the total for minimum earners to about $463,174.10 with the $70,000 bonus.
  • Because of the May 1 and May 25 national holidays, the payment calendar shifts, with minimum pensions paid from May 11 to 22 and higher-benefit payments scheduled for May 22 and May 26–29 by DNI.
  • The government renewed the $70,000 extraordinary bonus for May, paying it in full to those at the minimum and as a smaller amount to those above it until they reach a cap of $463,174.10, with no extra for those already over that cap.
  • Eligibility covers ANSES contributory pensions, the Universal Pension for Older Adults (PUAM), and non-contributory pensions, and beneficiaries can see itemized amounts in Mi ANSES under their pay slip as “Refuerzo Previsional.”
  • The monthly mobility rule ties pension updates to INDEC inflation with a two-month lag under Decree 274/2024, while the bonus remains a discretionary, non-indexed top-up renewed in recent months to bolster the lowest incomes.