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Martín Menem warned that “there is no agreement” for the reform of the retirement formula

2024-02-06T07:01:27.489Z

Highlights: Martín Menem predicts 100 and even 150 hours for the marathon session to vote in particular on the articles of the Omnibus Law. The Rioja official explained that, in the event that an understanding cannot be reached to define the increases in pensions for retirees, the ruling party "will work in the meantime with bonuses to compensate" Menem: "Retirees are desperate for Alberto Fernández's formula,” which he described as “a failure” since it represented a loss of 35 percent.


The president of the Chamber of Deputies said that, if an understanding is not reached, the ruling party "will work in the meantime with bonuses to compensate." He predicted 100 and even 150 hours for the marathon session to vote in particular on the articles of the Omnibus Law.


Hours before the start of a key session in Deputies, where the debate will begin on the

vote in particular on the Omnibus Law

that was approved in general last Friday, the president of the lower house,

Martín Menem,

anticipated that

“there is no agreement” regarding the retirement formula

proposed by the Government.

However, the Rioja official explained that, in the event that an understanding cannot be reached to define the increases in pensions for retirees, the ruling party "will work in the meantime with

bonuses to compensate and ensure that there is no loss of purchasing power.

" .

In an interview he gave to

LN+

, he also highlighted that

“retirees are desperate for Alberto Fernández's formula

,” which he described as

“a failure

,” since it represented a loss of 35 percent.

“Until the last minute we will be waiting to see if there is some type of approach to see if we can obtain the votes needed to approve a

retirement reform

.

"It depends on the agreements," completed Eduardo Menem's son, who clarified that

"the formula proposed by the Government does not liquidate," but rather "suspends the loss."

Javier Milei with Martín Menem.

Specifically, what the Government proposes is to maintain the formula used during Alberto Fernández's administration until April and, since then, make updates automatically for monthly inflation based on the latest inflation data available from INDEC.

However, the opposition is opposed since, since it is a quarterly update, a "liquefaction" would be generated due to the context of unbridled inflation.

"Now they come to talk about the problem

," complained Menem, who gave the responsibility to the deputies: "I can't guarantee anything, 129 people have to guarantee the vote for a formula that stops retirees from losing money, like "They have been losing for the last four years."

Martín Menem and his forecast for a new marathon session: "It can last 100 or 150 hours"

This Tuesday at 2 p.m. the debate on the Omnibus Law will restart.

After it was approved in general, it is now time to vote individually on each of the 363 articles that remained standing, out of an initial total of 644.

For his part, the president of the Chamber of Deputies anticipated that this new marathon session could be extended considerably: "

It can last 100 hours, 150 hours if we start discussing article by article.

"

Far from being upset by the delay of the debate, he expressed that "

the will of La Libertad Avanza is to work on weekends, if necessary

."

“We have a lot of collaboration between the most friendly blocks that are willing to work, they have expressed it on the first day.

We will do a Zen course, whatever needs to be done, but we want to get the law because Argentines need the law,” he concluded.

IS

Source: clarin

All news articles on 2024-02-06

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