Milei Proposes Raising Retirement Age for Argentines
The Argentine Government under President Javier Milei is considering raising the retirement age for both men and women to 75, aiming to reduce the strain on the pension system and increase tax revenue. The proposal is part of a series of initiatives to be presented to Congress by the newly-established May Council following the recent May Pact in Tucumán.
In addition to changing the retirement age, the government is exploring the reintroduction of a privately-administered retirement system and making union contributions voluntary. The Liberty Government also plans to designate education as an essential service and impose stricter regulations on the right to strike.
As concerns about unemployment and income security grow in Argentina, the proposed changes are sparking debate and skepticism among the public. With economic uncertainty prevailing, many are questioning their ability to wait for improvements in the country’s economic situation.
Overall, the government’s proposals signal a significant shift in Argentina’s social and economic policies, with potential implications for its aging population and workforce.
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