Social security and public sector shifts in Argentina, Chile, and the US

In Argentina, the Milei administration has implemented significant public sector cuts, resulting in a 21% reduction in national public personnel, with over 72,000 jobs lost since December 2023. Major losses occurred in Correo Argentino, ARCA, and ANSES. Concurrently, ANSES has announced September 2026 payment schedules for retirees and AUH beneficiaries, featuring a 2.11% inflation-based increase and a $70,000 bonus for low-income earners.

In Chile, the Pension Reform continues to impact elderly citizens. In the O’Higgins and Antofagasta regions, thousands of beneficiaries aged 75 to 81 will receive an automatic increase in their Universal Guaranteed Pension (PGU), raising the maximum amount to $250,275.

In the United States, projections from The Senior Citizens League suggest a potential 3.6% Cost-of-Living Adjustment (COLA) for Social Security payments in 2027, which would be the highest increase in several years, pending official announcement by the Social Security Administration in October.