“Today it is appropriate to apply the increase in mobility for retirees, pensioners and beneficiaries of family allowances and other social security benefits, almost 17 million people”, explained Sergio Massa, who also indicated that this increase aspires to give “11 points of recovery of purchasing power” on the path to rebuild the 19-point drop that occurred between 2017 and 2019. “The path of income recovery is central to the functioning of the internal market and consumption of our economy but, above all things, to improve the quality of life of our retirees”said the minister.
massa stressed that “beyond the investment that the state makes in the drug program, which in some way additionally improves the retiree’s purchasing power” they believe central “that the improvement is given through the value of retirement and pensions”. The minister added to this that the “formula application has an impact from March to March of more than 125% regarding the value of retirement and pensions and also has, for this quarter the additional effort of the National Treasury of more than 200 billion pesos in a reinforcement bond to further improve the income in the small scale retirements“. “The objective of the reinforcement bonus is that the improvement in the retiree’s purchasing power serves to beat the effects of inflation in your daily life and to improve their purchasing power”, concluded the Minister of Economy.
For his part, F.Ernanda Raverta explained that “retirees who have the minimum will receive the increase of 17.04%, which yields the mobility formula, and a reinforcement of 15 thousand pesos per month, for three months”. “Those who have up to two minimum retirements will have a decreasing reinforcement of up to $5,000″remarked the head of the ANSES.
“84% of retirees in Argentina will have this additional reinforcement to the increase that will receive 100%, in addition to the boys and girls of Universal Allowance and Family Salary”added Raverta and ended by ensuring that, with this increase, “No retiree is going to earn less than 73,000 pesos.”
News in Development…
Source: Ambito
