The debate about Pension funds from Cordova returned, according to the definitions of the Minister of Institutional Liaison and Administration, to occupy the center of the provincial political scene. Miguel Sicilianowho warned that the pension system was in deep crisis and predicted a deficit of $820,000 Millions for 2026.
“Today the pension fund for 2026 has an almost deficit of approx 820,000 million pesos“, he explained in a dialogue with Chain 3and stressed that this is a problem that has existed for decades and affects both provincial and national administrations. In this sense, he pointed out that the national state has debts to Córdoba for pension funds that have not been transferred.
According to PJ, the Caja de Córdoba cannot be sustained with 6,200 pensioners with an average income of more than $3 million
“If the national government sent the funds that belong to us, that belong to the people of Cordoba, We wouldn’t have this discussion“, he claimed, recalling that the province managed to reach the Supreme Court to force the nation to recognize the debt and make partial payments. However, he warned that these resources are insufficient given the structural weakness of the system.
Millionaire retirements and a system that is “not fair or supportive.”
One of the most sensitive points of the diagnosis was the unequal distribution of pension spending. As described in detail, almost half of it Total deficit focuses on a small group of beneficiaries.
“Almost 50% of the total cash deficit will go to 18,000 workers in Cordoba“, he specified, listing among the sectors involved the banking, judicial and municipal sectors.
Problem of funds in the pension fund: They refuse automatic cuts from the state in Córdoba
In this context, he questioned whether the burden of the system falls on private sector taxpayers. “It is not fair that a taxi driver, a private sector lawyer, a greengrocer or an architect use their taxes to pay the deficit caused by public sector pensioners.“He explained. He also focused on the highest salaries: “There are unions that have average pensions of 3,600,000 pesos and others of 14 million pesos.”
For the minister, the aim should be to move to a fairer system and restore rights to those sectors that today receive lower salaries. “I refuse that we have 4, 7 or 14 pensioners. And that the police, the nurses, the doctors, the teachers have the pensions they deserve,” he explained, insisting that the goal should be the gradual restoration of the mobility of these workers to 82%.
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