The government will reduce its pension debt to La Pampa

The executive director of ANSES, Fernando Bearzi, and the governor of La Pampa, Sergio Ziliotto, signed a financing agreement for the national state to reduce pension debts with the province.

The agreement amounts to $62.5 billion, which represents interim funding of the deficit of the Provincial Public Officials Retirement System. The amount was based on audits carried out between the technical teams of the national organization and the Social Security Agency of La Pampa.

“This agreement complies with the legality and legitimacy of the claim of the provincial government, but is based primarily on coherence and consistency to maintain it, using all the institutional mechanisms at its disposal,” said La Pampa news agency. First, they point to the validity of Law 27.260, which laid the foundation for the establishment of a financing system for the provinces that had not transferred their pension systems to the national level.

On the other hand, they are supported by the province’s decision to adhere to the system of extinguishing mutual obligations created by the national government. In this area, all claims arising from public debt are processed and this agreement is concluded. They eventually took the lawsuit to the nation’s Supreme Court, whose arbitration mandate led to the settlement.

The agreed amount will be transferred in installments. Initially, the nation will transfer $2,500 million and the rest in twelve consecutive monthly installments of $5,000 million starting in January. Municipalities and provincial development commissions are responsible for 11.73% of payments received. These amounts will be transferred to you with every ANSES withdrawal.

During the year the national government signed similar agreements. Córdoba agreed to pay $60 billion in twelve installments, while Entre Ríos agreed to transfer $48 billion in eight installments.

Since Javier Milei assumed the presidency, ANSeS has suspended the transfer to provincial pension funds of funds that were not transferred to the nation in the 1990s. The issue was the subject of political controversy at the beginning of the Libertarian government, and then it entered a period of negotiations in which no solution was found. Afterwards, some provinces decided to pursue a judicial offensive and others introduced new instances of political dialogue, but without concrete results. The issue was a recurring issue in Congress and was one of the most important emergencies for provincial governments with their own pension funds. The issue became part of the demands of the 24 governors when they decided to submit to Congress two projects to redistribute the National Treasury Contributions by law and also distribute the collection of the Liquid Fuel Tax. Although provincial pension entitlements vary, the issue transcended all entitlements and found a different path last year, albeit based on the decisions various districts obtained to force the nation to negotiate and pay. For almost two years, the ANSeS did not deliver a single peso.