In February 2025, the Universal Pension for the Elderly (PUAM) of the National Social Security Administration (ANSES) reflects a significant increase of 2.7%, adjusted for inflation recorded in December 2024.
This increase of ANSES It is part of a retirement mobility scheme implemented since April 2024, which seeks to mitigate the impact of rising prices on the income of retirees and pensioners.
The PUAM reaches a total amount of $288,469.20, composed of $218,469.20 (equivalent to 80% of the minimum retirement) and an extraordinary bonus of $70,000. This income is updated monthly according to the Retirement Mobility Law, which takes as a reference the variation of the Consumer Price Index (CPI) published by INDEC.
The main objective of this scheme is to guarantee that older adults without contributions have a minimum income to cover their basic needs. The PUAM It is aimed at people over 65 years of age who have not been able to gather the necessary contributions to access a regular retirement.
This program is universal in its scope, since it does not require a history of previous contributions to the pension system. In addition to the monthly increase, the beneficiaries of the PUAM They also receive an extraordinary bonus of $70,000, which has remained in force since March 2024.
This bonus is aimed at retirees and pensioners who receive an income equal to or less than the minimum. For those who receive more than the minimum amount, the bonus is adjusted proportionally until it reaches the ceiling of $343,086.50.
Challenges
Despite these increases, there are still pending challenges. Inflation continues to be a persistent problem in the Argentine economy, and although the retirement mobility scheme seeks to mitigate its impact, it is not always enough to maintain the purchasing power of retirees and pensioners.
Furthermore, economic volatility and uncertainty about the future of pension policies generate concern among beneficiaries of the PUAM. In February 2025, the minimum retirement amounts to $273,086.50, and by adding the extraordinary bonus of $70,000, the total income for those who receive this benefit reaches $343,086.50.
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