The Central Bank of the Argentine Republic (BCRA) has set the passive interest rate to be applied in pending labor lawsuits, as established by Article 55 of Law 27.802 on Labor Modernization. The bank has also made available a public series that reflects this rate.
This series represents the weighted average of the daily effective rate paid by financial institutions for 30-day fixed-term peso deposits. It starts from June 3, 1993, and is updated every day to maintain consistency and relevance for applicable calculations.
Additionally, BCRA introduced an online interest calculator for labor lawsuits. Users can input the initial amount and relevant period, and the tool will update the result based on the published passive rate according to current legislation. The calculator also provides adjustments using CER+3—applying the Reference Stabilization Coefficient (CER) plus an annual effective rate of 3%—and an equivalent value at 67% of CER+3. These calculations align with sections b and c of Article 55 of the Labor Modernization Law, which define maximum and minimum interest limits for labor lawsuit settlements.
The full series, board resolution, and methodological annex are accessible through BCRA’s institutional channels.
According to BCRA: “With these measures, BCRA contributes to greater predictability, transparency, and uniformity in judicial settlements within the labor field.”
