Tucuman legislators Gerónimo Vargas Aignasse and Carlos Gallia are promoting a project to limit the impact of debts on public employees' salaries. The initiative proposes that obligations collected through the provincial discount system do not exceed 30% of the salary, with the aim of preserving a larger part of each worker's disposable income.
Vargas Aignasse stated that the delinquency of the formal financial system reached 12,8%, a level he described as the highest since 2001 compared to usual records between 2% and 4%. He also stated that default on fintech and wallet loans reaches 17% and affects between seven and eight million people. These figures were presented by the legislator to support the project.
The proposal does not intend to generally regulate the rates of the financial system, a matter of federal competence. Its mechanism consists of establishing conditions for banks, mutuals, or other entities that use the provincial payroll as an automatic collection method. Credits that do not respect the limits could continue to be offered, but without access to the wage discount code.
In addition to the ceiling of 30%, the text proposes that the rates of these loans do not exceed the variation of Índice de Precios al Consumidor plus ten points. Its authors take as reference the national Decree 352/2026. Vargas Aignasse compared that criterion with effective annual costs which, according to his presentation, reach 115% for one year, 138% for two, and 150% for longer terms.
The file is in committee and is being analyzed together with Carlos Gallia, chairman of the Finance and Budget Committee. Its proponents are holding conversations with Vice Governor Miguel Acevedo and sector stakeholders. The discussion will need to define how the salary base is calculated, which obligations fall within the limit, and how the conditions apply to current and future contracts.
The project is not approved and can still receive modifications. It also does not eliminate access to loans outside the provincial retention system. Its concrete effect, if enacted, would be to condition a collection mechanism associated with public employment: it would protect a portion of the salary and limit the cost of loans intended to be automatically deducted from the payroll.
