Meanwhile, the Universal Child Allowance (AUH) and the Family Allowance per Child will have an increase of 41.8% and will become $74,354 for each child and $37,177, respectively for the first income range.
As explained by ANSES, the increase was calculated based on the new retirement mobility formula decreed by President Javier Milei that is adjusted by the Consumer Price Index and meant an increase of 53.91% in the second quarter of the year: April (27.40%, formed by a one-time 12.5%, plus 13.24% corresponding to the February CPI); May (11.01% corresponding to the March CPI); and the increase that will be applied in June (8.83% corresponding to the April CPI).
Although the new formula comes into force from July, the Government decided to bring forward its application because, it assures, it gives a higher percentage than the retirement mobility law voted during the previous government and suspended by President Javier Milei would have given. According to ANSES, the retirement increase would have been 41.48%.
Retirement mobility: the opposition in Deputies has already requested a new session for June 4
The opposition was about to give an unexpected blow in the Chamber of Deputies, since Unión por la Patria and the dialogue sectors expressed by the UCR, Hacemos and the Civic Coalition were today on the verge of an agreement to sign a joint opinion that improve the pension mobility formula of the Government and restore the diminished assets of retirees.
In any case, the efforts did not fall on deaf ears since These political forces committed to ironing out the small differences between both opinions in view of the session that the dialogueists have already requested for Tuesday, June 4 at 11.
Until this afternoon, there was a principle of agreement to find a synthesis in the plenary session of the Social Security and Budget commissions: Unión por la Patria agreed to lower its original intentions of initially recomposing remunerations by 30% and was coupled with the proposal of “the dialogueists” to set this compensation at 20.6% corresponding to what retirees lost in the month of May.
With this formula, the minimum retirement would be $285 thousand pesos in the month of Juneas calculated by the Congressional Budget Office (CPO).
To the monthly adjustment by CPI (inflation measured by the INDEC) would also be added a additional increase: In March of each year a calculation would be established by which a 50% increase in the RIPTE variation (salary variation) over the CPI variation in the previous calendar year would be recognized.
In short, five opinions were signed: the majority was that of Unión por la Patria with 33 signatures, and was followed by that of UCR+Vamos+CC with 19. La Libertad Avanza (19), the PRO (8) and the Frente of the Left (2) presented their own opinions.
As a sign of Kirchnerism’s will to reach an agreement between now and the date of the session, the opinion presented by Unión por la Patria was not the original, more ambitious in terms of recovering purchasing power for retirees, but rather it respected the terms of the state of negotiation that had been reached with the dialogueists.
Source: Ambito
