Government grants a $55,000 bonus for retirees in February

Government grants a ,000 bonus for retirees in February

The measure applies to persons entitled to contributory pension benefits provided by the ANSES.

The National Government made official the delivery of a new bonus of $55,000 for retirees and pensioners who earn the minimum. Through Decree 81/2024 published in the Official Gazette, the Executive Branch announced the granting of “pension economic aid” that will be paid in the month of February.

Retirees: who will be able to collect the bonus

The measure applies to holders of thes pension contributory benefits in charge of the ANSES:

  • beneficiaries of the Universal Pension for the Elderly
  • beneficiaries of non-contributory pensions for old age, disability, mothers of 7 or more children and other non-contributory pensions
  • ex gratia pensions whose payment is the responsibility of the National Social Security Administration

Retirees: how the $55,000 bonus will be paid

The bonus of $55,000 will be paid to all those retirees and pensioners who, due to sum of assets of all their current benefits receive an amount less than or equal to $105,712.61. While for those who exceed that number, “the pension financial aid will be equal to the sum necessary until reaching the limit of $160,712.61″.

“It will not be subject to any discount or computable for any other concept,” the Government clarified in the decree that bears the signature of the president, Javier Milei, the chief of staff, Nicolás Posse, and the Minister of Human Capital, Sandra Pettovello.

“The serious socioeconomic situation that our country is going through has caused, among other issues, an accelerated rise in the price index, with special impact on older adults with lower incomes, for whom it is necessary to go to their support“, justified the Executive Branch in the recitals.

Retirees: the mobility formula will be adjusted for inflation

Congress continues the committee’s treatment of the Omnibus Law, which includes a new retirement mobility formula. According to the new modification, at first the current pension mobility formula will apply Until April and then will update for inflation calculated by INDEC.

“The Government is going to comply with the quarterly adjustment that corresponds to all retirees in March, respecting the current formula. Starting in April, an automatic update for monthly inflation begins based on the latest inflation data available from INDEC. This way, retirees are guaranteed to maintain their purchasing power,” he said.

In no case can the application of said index produce the decrease in assets that the beneficiary receives, the document clarifies.

Source: Ambito

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