The update of senior citizens’ salaries will be due to the general level of the consumer price index, as has emerged in recent weeks.
The new one retirement mobility formulapromoted by the Government of Javier Mileiforesees that the updating of assets of older adults be it for him consumer price index (CPI) which measures the National Institute of Statistics and Censuses (INDEC).
From the new draft of the Law Bases it emerges that the mobility formula be “mt = Var. monthly CPI t-2“, that the assets will be updated “monthly” and that would begin to implement as of April 1.
As the tax accountant explained, Daniel Dubinin dialogue with Ambit The formula refers to the “previous month before last” of the General Level of the Consumer Price Index. “It would be adjusting for inflation between the previous two months”he pointed.
In turn, the text clarifies that “In no case may the application of said index produce a decrease in the credit that the beneficiary receives”, since if inflation stabilizes, as the government foresees, it may show deflation in some month.
April retirements will have the update with mobility formula plus an additional 10%
Just as anticipated Ambitthe Government proposed that in April, in addition to the mobility formula by CPIan additional 10% recomposition is added due to the liquidation of assets that occurred between December and March.
“In April 2024, the update will be calculated based on the following formula: mt=Var percentage IPCt-2 + 10%”, details the text. In this way, the increase in the fourth month of the year would be 23.2%.
In addition, the draft clarifies that in the event that the date of entry into force of the Bases law is after April 1, 2024, “the payment of the resulting sums will be paid according to the schedule determined by ANSES”.
Source: Ambito
