Human Capital signed an agreement to strengthen Chubut's pension system

The national government signed an agreement with the province of Chubut to finance its pension system, in a measure that includes transfers of $48 billion over the course of 2026.

The agreement was signed by the Minister of Human Capital, Sandra Pettovello, Governor Ignacio “Nacho” Torres and the head of ANSES, Guillermo Arancibia.

The understanding states that the funds will be drawn in 12 equal and consecutive monthly installments of $4 billion each, starting in May. This is an advance in pension funding for the province's retirement fund, simultaneously with audits that are ongoing to

validate the system's situation.

Torres himself had defined the agreement as a recognition of a historic debt to Chubut retirees, pointing out that the resources “will return to where they belong”. As indicated, the amount responds to obligations accumulated over years in which the national State failed to comply with the transfers it had to make.

The Ministry of Human Capital emphasized that the agreement is part of a policy aimed at organizing the pension system, ensuring its sustainability and making obligations between the Nation and the provinces transparent. Along these lines, they stressed that disbursements will be made in parallel with an auditing process, which aims to avoid irregularities and ensure efficient use of

on for years.

The agreement is part of the economic program of the Government of Javier Milei, which seeks to maintain fiscal balance and avoid the use of monetary issues to finance public spending. In this context, the quota and audit scheme appears as a tool to reconcile assistance to provinces with a more orderly administration

of resources.

The measure also represents a step in the normalization of financial relations between the Nation and the provinces, after a period in which pension commitments accumulated tensions and judicial conflicts.