HALISTER1: Argentine Govt to Present Bill on Retiree Benefits: Clarin

Argentine Govt to Present Bill on Retiree Benefits: Clarin

(Bloomberg) -- Bill to also include measures to develop SMEs, guidelines defining money laundering, and coparticipation agreements with provinces, Clarin reports.
  • Proposal to be presented to Congress next wk
  • Benefits for as many as 2m retirees to jump to ARS11,000/mo from ARS7,000/mo
  • Retiree adjustment addresses pending court cases; Govt seeking to put an end to cases
  • Bill will also include discussion of raising retirement age
  • Link to story: http://clar.in/1TFxsaq
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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