The Argentine government has announced a one-time bonus and an increase in pensions and benefits for November. A 70,000 ARS bonus will be paid to pensioners receiving the minimum pension, who will in total receive 403,085.39 ARS. This includes 333,085.39 ARS with the increase plus the bonus. Other social benefits, including the Universal Pension for the Elderly (PUAM), Non-Contributory Pensions (PNC), Universal Child Allowance (AUH), and others, will also be increased. The general increase of 2.8% is applied according to the mobility formula, which is based on the September Consumer Price Index (IPC) published by INDEC. All payments will be made between November 10 and 28, depending on the last digit of the ID document (DNI).
Argentina Announces November Bonus and Pension Increase
The Argentine government confirmed a one-time 70,000 ARS bonus and a 2.8% increase in pensions and benefits to offset inflation. All payments will be made in November according to the official schedule.