On October 14, 2010, then-president Cristina Fernández de Kirchner vetoed a law passed by Congress that established that minimum pensions should increase to reach 82% of the minimum living wage.
The regulation, which had been approved by both chambers, included the historic tie-breaking vote of Julio Cobos, and aimed to correct a chronic debt with Argentine retirees, who at that time received only 36% of the average salary.
Despite legislative support, Cristina labeled the measure as a “scam for retirees” and asserted that it was “a bankruptcy law” for the State.
Fifteen years after that decision, president Javier Milei is repeating an almost identical action: he will veto the Kirchnerist bill approved by the Senate that proposes an increase in pension benefits without the corresponding funding.
This law puts the fiscal surplus at risk, something essential for stabilizing the Argentine economy and generating sustained growth. What at that time was staunchly defended by Kirchnerism as an act of institutional responsibility is now fiercely criticized when it comes from a non-Peronist government.
