The Government made the July increase official, how much is the minimum

The Government made the July increase official, how much is the minimum

The National Social Security Administration (ANSES) confirmed the minimum and maximum pensions, the PBU and the PUAM for the month of July.

Behind the Confirmation of the $70,000 bonus that will be collected by retirees and pensioners, beneficiaries of the Social Security Administration (ANSES)the minimum wage from July will be $215,580.82Meanwhile, the maximum amount in effect as of July will be $1,450,654.81.

In turn, it is established that the Universal Basic Benefit (PBU) will be located at $98,618.39 and the Universal Pension for Senior Citizens (PUAM) will be $172,464.66.

Through Resolution 320/2024 published this Wednesday in the Official Gazette, the ANSES provides that the remunerations that cease in the activity as of June 30, 2024 or those who return to the activity in a dependent relationship, and request the benefit as of July 1, will be updated under the following criteria:

a) If all the services with contributions computed were in relation to dependency, the amount will be equivalent to ONE AND A HALF PERCENT (1.5%) for each year of service with contributions or a fraction greater than SIX (6) months, up to a maximum of THIRTY-FIVE (35) years, calculated on the average of remunerations subject to contributions and updated contributions received during the period of TEN (10) years immediately prior to the cessation of service. Periods in which the affiliate was inactive and consequently did not receive remuneration will not be computed.

Retiree bonus and family allowances: ANSES updates for July

The national government announced today that the retirees and pensioners Those who receive minimum wages will receive a bonus of $70,000 in July to boost their income and therefore no beneficiary will receive less than $285,600.

Pensions in general will have a 4.2% adjustment corresponding to the inflation of May, according to the new update mechanism for the Consumer Price Index (CPI) that the National Government launched.

As happened in the previous months, the Bonus only applies to minimum wages and, obviously, it is added to the 4.2% on the base salary.

As for the family’s asignations, Starting in July, the rates will also increase according to the CPI. In this regard, the Universal Child Allowance (AUH) will be 77,462 pesos; the AUH for a Child with a Disability, 252,238 pesos, and the Family Allowance for a Child, 38,731 pesos for the first income bracket.

Source: Ambito

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Posts