A recent report from the Argentine Budget Association (ASAP) sheds light on the state of the retirement system in the country. According to their findings, retirees who did not appeal for a moratorium had an average asset of $311,622 in December 2023, while those who retired with a moratorium had an average asset of $160,397. However, the average salary of registered workers in December was $484,298.40, resulting in retirees with 30 or more years of contributions only receiving 64.3% of the “historical” 82% mobile.
The report also indicates that the average income of retirees with a moratorium was only 51% of those without it, and this percentage was further reduced by moratorium fees that could reach as high as 120 months. Additionally, the minimum retirement asset was $105,713 plus a $55,000 reinforcement or bonus.
Out of all retirees in the General Regime, 85.2% retired due to a moratorium while 14.8% retired without it.
The study found that out of 479,848 registrations in the General Regime in 2023, most were able to retire through a moratorium. As a result, there were a total of 5,811,099 pensioners at the end of that year.
However, there were significant discharges from the system due to death.
Despite efforts to address it
