Massa: "The minimum retirement will go from $37,525 to $50,353"

The Minister of Economy, Sergio Massa, and the executive director of Anses, Fernanda Raverta, announced a mobility increase of 15.53% for retirement, pensions, and allowances, reaching more than 16 million Argentines.

To this increase is added a monthly reinforcement of up to $7,000 pesos that will be paid in the months of September, October and November until the next mobility increase in December, which will reach 6.1 million people, that is, almost 85 percent of all retirements.

6 days ago I took over as minister.
Today, together with the head of the ANSES @FerRavertawe announce an increase of 15.53% for all retirements, pensions and allowances that will begin to be paid in September and will reach more than 16 million Argentines. pic.twitter.com/vmc7JF3zPU

– Sergio Massa (@SergioMassa) August 10, 2022

In this way, the minimum retirement will go from $37,525 to $50,353, while those who receive up to 2 minimum retirements will receive from $75,050 to $90,705. That is, no pension will be below 50 thousand pesos.

– Sergio Massa (@SergioMassa) August 10, 2022