Argentina Raises Pensioner Payments by 16.8%, Fernandez Says
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Argentine retirees will receive a 16.8 percent increase in the minimum pension, taking the increase this year to 37.1 percent, President Cristina Fernandez de Kirchner said in a speech in Buenos Aires today.
The increase announced today, the second this year, will cost the government 20 billion pesos ($4.8 billion), Fernandez said.