The opposition argues reform would negatively impact some 17 million retirees, as it would change the formula used to calculate benefits, adjusting payments quarterly taking only the official inflation index into account. Cabinet chief Marcos Pena accuses the opposition of inciting the violence, saying: 'We saw the clear search for violence, first in the street and then on the premises itself.Military police used water cannons, tear gas and rubber bullets against demonstrators, who threw stones and burned barricades made of rubbish outside the doors of Argentina China auto rubber Suppliers congress.. The government needs to cut the deficit by 4. Since 2009, retirees have received automatic increases every six months.

A trade union-organized march in Buenos Aires descended into violence Thursday, with thousands of protesters clashing with police as they demanded lawmakers reject a controversial pension reform plan.2 per cent in 2017."Constitutional experts have warned that if the reform is passed in its current form, hundreds of lawsuits may be filed against the state for violating constitutional principles.6 billion).Cabinet chief Marcos Pena accused the opposition of inciting the violence, saying: "We saw the clear search for violence, first in the street and then on the premises itself.

"We cannot sit in session with this violence," said Elisa Carrio, National Deputy for Buenos Aires and leader of the social liberal Civic Coalition ARI party.The debate was supposed to take place next week to allow parliamentary committees the chance to analyze the issue -- but the ruling party on Wednesday forced its acceleration into the lower Chamber of Deputies, sparking fury from the unions."But the General Labor Confederation, the country's main trade union, pointed the finger at the government, blaming it for the "militarization of the surroundings of the congress.Pena insisted during a press conference that the reform "is a good law," and accused the opposition of inciting the violence.

Police used water cannons, tear gas, rubber bullets against protestors, who threw stones, burned barricades outside government office."Inside the legislature, the unrest forced the postponement of the vote, as opposition lawmakers cried out for the debate to be suspended.Pena also denied that pensions are being reduced, and said "the five per cent increase in real terms above inflation is guaranteed.As it stands, the Argentinian retirement system guarantees those who contribute to it 80 per cent of their wages for 30 years, with limits for the highest salaries