Sáb, 21 febrero, 2026
21.6 C
Buenos Aires

Alert in the Province: Milei withholds key funds and they denounce a «direct attack» on Buenos Aires retirees

By: Vive Caba Editorial Staff

The political war between the Casa Rosada and the Government of the Province of Buenos Aires added a critical chapter that affects the most vulnerable sectors. According to data revealed by the Social Security Institute (IPS)the government of Javier Milei maintains withheld funds for 2.1 billion pesosa figure that suffocates the provincial coffers and puts the future of pension benefits at the center of the scene.

The origin of the conflict: an ignored law

The head of the IPS, Marina Morettiwas blunt in explaining that this is not a dispute over «discretionary funds», but rather a breach of the National Law No. 27,260. This regulation obliges the Nation to compensate the provincial pension funds that were not transferred (such as that of Buenos Aires).

«It is not money for Axel Kicillof; «They are taking it away from retirees in the province of Buenos Aires.»Moretti noted. The data is alarming: the amount owed represents a third of the entire IPS budget for 2026.

Key points of the pension crisis:

  • Debt amount: $2.1 billion accumulated during the two years of Libertarian administration.
  • Impact on the Province: Given the lack of national funds being sent, the Province must cover the gap with its own resources to ensure that no one stops collecting payments.
  • Judicialization: The case is in the Supreme Court after a complaint from Kicillof, but the file remains «dormant» without significant progress.

Is pension payment at risk?

Although the situation is financially delicate, the Government clarified that, for the moment, the functioning of the organization is not in danger, but it does require a extraordinary effort of the provincial Treasury. This monthly disbursement of billions of pesos takes away oxygen from other areas such as health, education or infrastructure.

Meanwhile, Buenos Aires retirees are caught in the middle of a judicial and political struggle. In a context where inflation continues to erode assets, the lack of these national funds narrows the margin for any real improvement in the income of those who have contributed all their lives.

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