Once again, the average retirement pension in Córdoba outpaced inflation.

In a new relief for retirees from Córdoba, the average benefits paid by the Córdoba Pension Fund reached $1,591,380 in July, a level that not only  exceeds inflation but also represents a remarkable real improvement. 

This is the  third consecutive month in which the increase in the average benefit surpasses the general price index.

The year-over-year increase stands at approximately 17% in real terms, which confirms a recovery in purchasing power  after a challenging inflationary context.

The average pension last month was $1,591,380, 3.04% higher than the previous month and 64.7% higher than a year earlier in nominal terms.

Córdoba pensions

If July's benefits are analyzed by sector, employees of the "Public Administration and Decentralized Agencies" improved by 23.5%.

Meanwhile, "Judges and officials of the Judiciary" saw an increase of 1.7%; "Executive and Legislative Authorities," 18%; police officers and prison service workers, 31.8%; and the "Teaching" sector, 15.4%.

In all cases, these are real year-over-year terms and refer to average pensions.

Epec retirees, meanwhile, saw a 19.5% real improvement in July; bank employees, 1.3%; and former employees of the Córdoba Municipality, a positive 2.7%.

Retirees from the Córdoba State

Administrative staff receive an average of $1,565,363; judges, $5,651,861.

Meanwhile, executive and legislative authorities receive $2,418,593; police officers and prison service, $1,599,750; teachers, $1,263,968; bank employees, $2,959,839; Epec, $3,015,329; Córdoba Municipality, $2,713,149; and interior municipalities, $1,229,483