How much will they rise from April and what will happen to the bonus

Retirements will begin to rise from Aprilaccording to anticipated Ámbitoby the decision of the Government to implement a Decree of Necessity and Urgency (DNU) that improves those incomes. The new formula will apply monthly increases tied to the Consumer Price Index (CPI).

In that framework, the retirements and pensions would have in April a 18% increase for those who collect the minimum assets and of 27.35% for the rest.

This increase is made up of 12.5% assigned by the Government as compensation for December-January lossadded to 13.2% that threw the February inflation. It should be noted that the rise would not apply to the bonus of up to $70,000 that the minimum salary pensions will be collected.

How much will retirees and pensioners earn from April 2024?

In that way, in April he there be minimum will become $171,215 that, plus the $70,000 of the bondwould add $241,225. This figure represents a 18% increase.

Over the 7.4 million retirees and pensionerswho will collect the minimum salaries with bonuses little more than 5 million.

Instead of integrating the bonus into current assets, with this decision The Government would seek to liquefy the weight of the minimum asset in the total income from retirements and pensions that receive that additional.

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How will the DNU impact retirements?

He DNU will modify part of the decree No. 268/2024 published last Thursday in the Official bulletinfor which the Government extended the bonus for the month of April of $70,000 that had been collected in March along with the limit to collect it. That decree established that the bonus would be applied to retirements of up to $204,445 per month.

So, if this limit is not modifiedthe bonus for minimum assets instead of $70,000, It would be just $33,230 (maximum of $204,445 less the $171,215 of the new minimum asset) and those Retirees would not have any increase in April.

Regarding Decemberhe cumulative increase of the income from the minimum assets would be fifty% and of 62% for the rest, compared to a inflation of the order of 71% (36.6% January-February plus 14% estimated in March plus 10% in April).

By the loss that retirees had in the face of inflation in December and first months of 2024 that he March increase (27.18%) did not cover the increase in salaries should rise to 25% in April and add February inflation (13.2%), that is, a 41.5% increaseincluding the bonus.