BUENOS AIRES, Dec. 17 (UPI) -- Argentina's government is pushing a labor reform aimed at reducing off-the-books work and expanding formal employment to shore up a pension system under the strain of historically low birth rates and a rapidly aging population.
The proposal, which seeks approval during special sessions of Congress, would increase the number of active workers who contribute to the public pension fund.
Currently, only 12.8 million people make formal contributions, while employment without legal or social protections stands at 43.2% according to the national statistics office for the second quarter of 2025.
Falling birth rates are compounding the problem. The rate dropped to a low of 11 births per 1,000 inhabitants over the past four years, the lowest level in 15 years, according to the United Nations.
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