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Argentina Sets May Pension Increase at 3.4% as April Bonus Is Paid by Decree

May’s increase is set by March inflation under the CPI-linked rule, with the 70,000‑peso top‑up still unconfirmed.

Overview

  • ANSES posted the May payment calendar, with minimum pensions paid May 11–21 by ID number and higher benefits from May 22–29.
  • The 3.4% adjustment is triggered by March CPI under Decree 274/2024, which moves pensions to monthly updates tied to official inflation.
  • A decree signed by President Javier Milei, Human Capital Minister Sandra Pettovello and spokesman Manuel Adorni formalized April’s 70,000‑peso compensation and its automatic deposit with April checks.
  • Officials have not announced whether the 70,000‑peso top‑up will continue in May, and outlets report the government is reviewing it in light of deficit goals.
  • With April’s 2.9% increase already paid, minimum retirees received about 450,319 pesos including the bonus, while May’s minimum before any top‑up is about 393,000 pesos and the maximum will be just over 2.64 million.