Argentina raises pensions by 8.2%

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ARGENTINA - President Cristina Fernández announced pension payments will be raised by 8.2% from the beginning of March, taking the level of pension increases to nearly 500% since 2003.

This decision will see minimum pensions increase from ARP827.23 (US$217) to ARP 895.15 per month. Diego Bossio, chief executive of the state-run social security agency Anses, said including the ...

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