Abstract
This document analyzes the pension policy of the Cambiemos government (2015-2019), linking its main transformations with the positions that, in pension matters, the multilateral credit organizations (World Bank and Inter-American Development Bank) assumed. To do this, it deploys a qualitative strategy based on documentary analysis and semi-structured interviews with key informants in order to identify and analyze the type of state policy proposed by multilateral organizations as well as the arguments deployed to promote these interventions.