Milei delivers: The nation transferred $10 billion to Córdoba's Pension Fund

Milei delivers: The nation transferred $10 billion to Córdoba's Pension Fund
Javier Milei, President of the Nation
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porEditorial Team
Argentina

ANSES reactivated the flow of owed pension funds and reaffirmed its support for the province's retirees

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ANSES sent this Thursday 10 billion pesos ($10 billion) to the Córdoba Pension Fund, in compliance with the agreements established with the province. These are, in particular, funds corresponding to the May and June installments.

The transfer is part of a 60 billion peso ($60 billion) agreement for this year, in monthly installments that will continue during 2025. President Javier Milei, as he stated from the beginning of his administration, decided to honor this obligation with national public funds. This way, he demonstrates that the National Government prioritizes senior citizens.

Governor Martín Llaryora announced the news on his social media. However, he avoided going into the details of the agreement, which was defined at the behest of the Nation and by the will of the central Government to comply.

Martín Llaryora, gobernador de Córdoba
Martín Llaryora, gobernador de Córdoba

Milei honors his word with concrete actions

The deposit was confirmed by official sources from the Ministry of Economy, which coordinates the disbursements with ANSES. The transfer to Banco de Córdoba was completed this Thursday, although the funds will enter the provincial Treasury this Friday.

The sum will help alleviate the pension fund's deficit and guarantee the payment of benefits. The Nation has confirmed that this commitment will be maintained in the coming months, despite the context of a strong and necessary fiscal adjustment.

"I'm going to prioritize provincial retirees who earn the least," Llaryora had said. Nevertheless, the concrete fulfillment came from the national Executive, which activated the transfer after technical procedures with the Treasury.

ANSES giró este jueves $10 mil millones a la Caja de Jubilaciones de Córdoba
ANSES giró este jueves $10 mil millones a la Caja de Jubilaciones de Córdoba

The national Government supports Córdoba

With this action, Milei confirms that federalism is not just rhetoric, but a practice based on facts. The resumption of transfers to Córdoba, amid budget cuts and restrictions, reinforces the commitment to pension rights.

The president avoided the political use of the conflict and chose to maintain financial support, even after vetoing the law that contained articles that could affect the Nation-provinces relationship.

Provincial officials participated in the hearings convened by the Supreme Court. However, it was the national Executive that solved the conflict and guaranteed the payment of the transfers. The negotiation was led by the Secretary of the National Treasury, Carlos Guberman.

Carlos Guberman, Secretario de Hacienda de la Nación
Carlos Guberman, Secretario de Hacienda de la Nación

Audit to organize and guarantee predictability

According to the agreed terms, both jurisdictions must jointly audit the balances from 2019 to 2024. The objective is to establish the actual debt and set a sustainable assistance scheme for the future.

The Court set a new hearing for November, where compliance with the plan will be evaluated. The Nation has already sent the funds for the current fiscal year and seeks to dispel any doubts about its commitment.

The national Government will also coordinate with Córdoba the future flows starting in 2026, always based on cross-audits and objective data. The priority is to guarantee predictability for retirees and responsible sustainability for the pension funds.


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