The government of Javier Miley and the Argentine provinces face a new conflict due to the brake on transfers to the retirement funds specials. This situation has generated a climate of tension that will intensify in the next meeting between national officials and governors, scheduled for April 4 in Pink House.
Through a Decree of Necessity and Urgency (DNU), the Milei government stopped the transfers that the National Social Security Administration (Anses) made to 13 untransferred provincial retirement funds. These transfers, which had been demanded since Milei’s inauguration, have been suspended, which will lead to new judicial presentations by the affected districts, some of which have even reached the Supreme Court of Justice on previous occasions.
The items allocated to these non-transferred retirement funds are included in the national budget and benefit provinces of various political characteristics, including Buenos Aires, Chaco, Chubut, Córdoba, Entre Ríos, Formosa, La Pampa, Misiones, Neuquén, Santa Cruz, Santa Fe, Tierra del Fuego and Corrientes. Until last December, these provinces received these items without updates, violating the law. However, since January, the Casa Rosada has not made any additional transfers, not even at historical values, which has generated an accumulated debt backed by law.
The leaders of the affected jurisdictions are considering going to court to resolve this issue, which has generated significant financial tensions at the provincial level. reported NA. The proposal to use part of the assets of the Guarantee and Sustainability Fund (FGS) to settle the debt with the provincial pension systems, raised during the management of Anses by Osvaldo Giordano, was not accepted.
This conflict highlights the structural difficulties of the Argentine pension system and the need to address reforms to guarantee its long-term sustainability. According to a report by the Argentine Association of Budget and Public Financial Administration (ASAP), the relationship between contributors and beneficiaries varies considerably between provinces, which underlines the urgency of implementing measures to balance the system and avoid unsustainable growth in retirement spending.
