Córdoba and the Nation took a new step to settle the outstanding pension debt

Córdoba and the Nation took a new step to settle the outstanding pension debt
The provincial government sought to specify the amounts owed between 2017 and 2021
porEditorial Team
Argentina

In the Supreme Court, both parties reviewed amounts and deadlines while audits of the outstanding payments are underway

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Negotiations between the National Government and Córdoba gained momentum with a technical meeting at the Supreme Court that aimed to specify the amounts owed between 2017 and 2021. The parties reviewed the commitments made months ago and assessed the administrative progress related to the final calculation. The session was led by specialized officials, who have been working together for several months.

The initial agreement included adding the year 2022, although Anses experienced delays in completing the required documentation within the established deadlines. That period will be incorporated before December 17, when the nominal amount corresponding to that pending fiscal year will be submitted. The comprehensive analysis will also cover the periods 2023 and 2024, whose review is expected to be completed before next March.

The provincial representation included Minister Guillermo Acosta, Prosecutor Jorge Córdoba, and legal advisors who are supporting the claim before the highest court. Officials from the Civic Center clarified that Governor Llaryora's presence was not planned, since it was an exclusively technical meeting. The main objective was to advance in consolidating data that will allow the determination of the actual amount of the pension debt.

Si la negociación no avanza, el Gobierno provincial insistirá en que la Corte dicte sentencia definitiva
Si la negociación no avanza, el Gobierno provincial insistirá en que la Corte dicte sentencia definitiva

Agreement projections

The ongoing audits seek to accurately establish the debt accumulated by the Nation, especially that caused during Alberto Fernández's administration. The result will be incorporated into the Reciprocal Obligations Extinction Regime, a mechanism through which the national government negotiates with the provinces. An immediate ruling is considered unlikely, so the Province is prioritizing securing an updated and sustainable cash flow.

The current transfer of 5 billion pesos per month, set in the provisional agreement, fell short of the province's needs and will be reviewed in April of next year. Córdoba aims to triple that amount, raising it to 15 billion pesos per month, citing as precedent the increase obtained by Entre Ríos in a similar negotiation. Expectations, however, are shaped by political factors that could influence the final decision.

If negotiations regarding the cash flow or debt recognition do not progress, the provincial government will insist that the Court issue a final ruling on the claim. Officials at the Civic Center are confident in their legal arguments and recall the favorable ruling obtained in 2015 in response to a similar claim. That experience reinforces the conviction that the highest court will once again support the provincial position.


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