Buenos Aires, March 2 (NA) – The Chamber of Deputies launched a voluntary retirement plan for legislative staff this Monday amidst a series of reforms and public spending cuts promoted by the Javier Milei administration. According to the Argentine News Agency (NA), the 'Early Retirement Regime', implemented through resolution 56/25, will be in effect for 90 days starting January 1, 2026. The plan covers 'permanent and temporary staff (assigned to approved organizational structures with more than two years of seniority), who have served for up to 60 months; with 30 years of contributions', and sets the age at '60 or older' for men and '55 or older' for women. The offer is compensation corresponding to the gross salary plus an 'additional 10%', with a limited quota of 300 vacancies. This was established by the Subdirectorate of Pension Affairs, which belongs to the General Directorate of Human Resources. Milei opened the regular sessions: clashes with the opposition and a preview of an extensive reform agenda. This Sunday, when inaugurating the 144th period of ordinary sessions, Milei announced that he will promote reforms to the Civil and Commercial Codes, as well as a tax reform, 'to build a robust legal framework that allows for the primary development of Argentines'. He also praised the Minister of Economy, Luis Caputo, for the 5-point reduction in the fiscal deficit implemented at the beginning of his government.
Argentina: Chamber of Deputies Launches Voluntary Retirement Plan
As part of the economic stabilization policy led by President Javier Milei, the Argentine parliament has decided to offer an early retirement option to 300 legislative staff with corresponding compensation.