Argentina to boost pension payments by 16.9%

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ARGENTINA - The Argentinean government has announced an increase in pension payments to retirees of 16.9%, the second rise this year.

President Cristina Fernández yesterday said the increase will come into effect on 1 September. This will increase the minimum pension to ARS1,091.50 ($277.5) from ARS895.20. In March, the gover...

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