In the document of almost 7,000 pages there is no mention of recompositions outside the indexing scheme. In fact, spending on social security benefits barely varies with respect to what is projected for this year.
In the project of Budget 2026that the Government sent to Congress on Monday, a slight increase in resources for resources is contemplated Retirees and pensioners. However, that increase is not only subject to the inflation target of the economic team, but Nor does it contemplate an increase in the current bonus or any recomposition outside the wardrobe’s indexing formula. To that is added the strong Reduction in the items for the payment of pension debts.
According to the analysis of the Argentine Fiscal Analysis Institute (Iaraf), he Total expense of social security benefits arranged in the official text equals an increase in real terms of 5.4% compared to this year. It is a game in which they are counted “Transfers for the payment of retirement and tax pensions and non -contributory pensions”but what “Does not include the reinforcement bonus”.
In the document of almost 7,000 pages, there is no mention of any increase in retirement and pensions outside the current mobility scheme (which indexes to the last inflation data available), as well as a rise in the bond of up to $ 70,000, which remains without variation since March of last year.
In fact, the expense in social security benefits would hardly vary with respect to the projected for this year. According to scope calculations carried out based on the numbers included in the budget for both years, The sending of resources for that sector will represent 6.37% of the Gross Domestic Product in 2025while next year it would be 6.5%, A difference of just 0.13 points of GDP.
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The retirement increase tied downward inflation
The budget stressed that as of April 2024, a new mobility formula was established that implied the monthly update of pension assets according to the Consumer Price Index (CPI) that the INDEC prepares, a mobility formula that “allows retirees and pensioners to sustain their income over time,” according to the text.
As the mobility formula mechanism adjusts pension assets with a two -month lag, If the budget projection of a downward inflation scenario (10.1% per year for 2026), There would be an improvement for the lag in the application of the update.
However, if inflation does not yield and stay up, it would be given The inverse process because the assets would receive the monthly adjustment of the previous two months and, therefore, lower than the current month.
Budget 2026: The item is reduced to pay sentences
In the official document, the Shipping of $ 212,288 million destined to cancel pension debts recognized in judicial and administrative headquarters of the ANSES. It is a strong cut regarding the amount that was going to be used in the draft presented a year ago and that was not approved: $ 390,050 milliona reduction in nominal terms of 45.57%.
Source: Ambito
