The Government will announce at the end of this week the increase in pensions for December, January and February, while it will define the scope and value of the bonuses during that period, so that they function as a compensation mechanism against inflation.
The next Friday the 10th, As Ámbito was able to confirm, the pension mobility will be announced for the coming three months and according to provisional calculations, it is estimated that the increase will be between 23 and 25%, compared to a inflation in the third quarter of 34.65%.
The loss of 10 points of earnings in the face of inflation, which affects 18 million people, including retirees, pensioners and beneficiaries of social benefits, will seek to be compensated by the Minister of Economy, Sergio Massaand the head of the ANSES, Fernanda Raverta, through the bonuses and reinforcements that cover that period.
Following this premise, officials study the value and scope of the bonds that must be collected.retirees and pensioners in December, January and February, along with the update of the supplements and reinforcements for said quarter.
Retirees and pensioners: compensation after PASO
The willing benefits Until now, they were the bonus of 37,000 pesos for the lowest salaries, to be collected in September, October and November. At the time of being announced it was 27,000 pesos but it was increased after the devaluation after the PASO.
For his part, the PAMI ordered a reinforcement of $15,000 for retirees over 60 years of age to be applied in the same quarter.
At the same time, the VAT refund limit for retirees and pensioners who earn up to 6 minimum salaries was expanded from $4,056 to $18,800.
Furthermore, for the increase in the minimum vital and mobile wage (SMVM) More than 1,300,000 retirees and pensioners who receive the minimum and have 30 years of contributions made, collected a bonus of $20,780 in October and will collect another bonus of $32,260 in November.
These bonuses and reinforcements, will act as a parameter for the new values and scope defined by Massa and Raverta for the next quarter, which will involve theinauguration of a new head of state.
Retirees and pensioners: how much they asked for in real terms
In relation to the loss suffered by retirement benefits, the Argentine Budget Association (ASAP) revealed that “in the 46 months of the period from June 2023 As of September 2019, the minimum asset in constant terms fell – on average – by 1% in relation to the September 2019 level; while the maximum amount of the general regime was reduced by 15.3% on average (in constant terms).”
In turn, he added that “this is influenced by the application of the fixed component in mobility in March 2020 and the aforementioned pension reinforcements or bonuses.”
“For the minimum credit, it is taken into account that in 14 of the 46 months, the update raises the credit above that of September 2019, while the updates of the aforementioned maximum credit carried out in said period never manage to exceed the credit in constant terms of September 2019″accurate.
Source: Ambito
