He Integrated Retirement and Pension System establishes a scheme that combines the CPI and the Average Taxable Remuneration of Stable Workers (RIPTE)with an extra income of 8.1% for retirees and a recomposition of the pension funds owed to the provinces by the Nation for a sum of $703.515 million. Currently, a system established by decree by the President was in force.
The project in general was approved by 61 votes in favor and 8 againstamong whom were the seven senators of Freedom Advances and Carmen Alvarez Rivero (PRO)although the rest of his colleagues supported the pension reform. The Radicals tried to establish last-minute modifications to the wording that Peronism did not accept, arguing that it would delay the increase in income for retirees. After starring in a humorous moment with the head of the block of Union for the Homeland, Jose Mayans, Victoria Villarruel was absent at the time of the vote.
Victoria Villarruel Senate
Victoria Villarruel chaired the session.
Ignacio Petunchi
At the meeting it was also determined that the university financing -which has been partially approved by the House of Representatives– to be dealt with in a future session after the debate in committees. Likewise, the priority of addressing the situation of the borrowers was established. UVA creditsthrough an initiative that was approved by the Upper House in September of last year. In addition, diplomatic documents, transfer of assets to the provinces and adherence to the international treaty of Shipwreck Removal.
Senate debates pension reform
During the debate of the Integrated Retirement and Pension Systemthe radical Martin Lousteau questioned the method in which Javier Milei achieved fiscal surplus: “The President said that he went overboard with the adjustment, but when he goes overboard, there are people who cannot live”said the head of the UCR During his speech at the Legislative Palace, Lousteau said that “we are compensating for the last big loss they had, which was in January of this year.”
The Cordoban Carmen Alvarez Rivero (PRO) She was one of the opposition allies that the ruling party counted on: “What several of my colleagues are going to do today is a mistake. […] There is no doubt that what is best for retirees is that there is no inflation; at their age they cannot continue to ride the price wave as we are used to in Argentina.. Today we are seeing inflation decline, which is almost a miracle sustained by small matches; when we light one, another one falls.
In turn, the Fuegian Cristina López (Union for the Homeland) He asked retirees “to remind the liar Milei of one of the many false promises he made, because retirees are not the caste. I would also like to ask the President that, when this project reaches his hands, he does not even think of vetoing it.”
“It turns out that allocating a portion of the budget for Addressing an urgent need such as the income of retirees and pensioners is a degenerate act for the President”added the porteño in that line Mariano Recaldea senator from the same bloc, who recalled that the initiative “has a fiscal cost of 0.4% of GDP; exactly the same as that implied by having modified the tax on Personal Property and wealth that was approved in this Congress. It is not a question of a lack of resources, but rather that they are allocated for other things.”
Senate

Ignacio Petunchi
The Senate unanimously approved criminalizing the sale of children
The first resonance project that was approved in the session, and that has links with the Loan Peña casewas the one who criminalizes the abduction and/or commercialization of children in the Penal Code.
The project, authored by the Santa Fe native Carolina Losada (UCR)specifically establishes sentences of 4 to 10 years in prison “anyone who receives or delivers a minor for a price, promise of payment or any other type of compensation, unless it results in a more severely punished crime.”
It also includes intermediaries: sentences of 5 to 15 years for “whoever facilitates, promotes or in any way mediates”, with aggravating circumstances for public officialsfor which a third more than the conventional sentence is foreseen and the perpetual disqualification for the exercise of any state role
The text takes into account the situations of vulnerability of parents biological (enabling the figure of the repentant), so most cases occur with adoptive purposes This crime is of federal jurisdiction and expires when the child reaches the age of majority, when he or she enters the orbit of human trafficking.
Milei vetoed the pension reform
The President Javier Milei decided tonight to veto the law of retirement mobility approved during the day by two thirds of the Senate. In a statement, the Government described the project as “moral fraud” and “fiscal irresponsibility” and stated: ““It will be banned.”
As he learned Scopethe president leaned towards vetoing the legislation, in order to protect the fiscal surplus. “They are not going to overturn our fiscal surplus…”, he wrote around midnight on his social media account.
Embed – https://publish.twitter.com/oembed?url=https://x.com/JMilei/status/1826812585854787875?t=W0pn9960glh06rZcZFUpag&s=08&partner=&hide_thread=false
Minutes later, the President’s Office published a statement announcing that “President Javier Milei, as he promised the Argentine people, will veto the bill approved today by the National Congress,” which, they said, “has the sole objective of destroying the Government’s economic program.”
Source: Ambito

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