Expenditure on the $ 70,000 bonus which complements the minimum retirement in March an interannual drop of 37% While in the accumulated it carries a 31%contraction, a report of the Argentine Budget Association and Public Finance (ASAP).
According to the consultant’s data, in March andThe government spent $ 249,635 million in the bonus for retirees that are below the scale and accumulated between January and March erogations for $ 748,951 million.
“In the third month of the year the update of retirement mobility, which took inflation as an update factor Registered in January 2025, it resulted in an increase of 2.21% Regarding the previous month, carrying a minimum of a total of $ 279,122, ”says the report.
“Adding the $ 70,000 bonus granted by the Decree No. 145/2025, reached a total of $ 349,122which implies a real increase of 9.5% compared to March 2024, ”says the study.
ASAP indicates that “this positive variation was enhanced by the low registered comparison base In the first months of 2024, as a consequence of the inflationary effect caused by the devaluation of December 2023 and the strong lag of the previous formula for the adjustment of the benefits ”.
How are retirements regarding March 2023?
The report adds that “if instead of comparing with March 2024 It is compared to March 2023, the value of the minimum being of the March 2024 bonus shows a real drop of 21.6%. ”
ASAP clarifies that this implies “a very significant loss of purchasing power, even more considering that these are amounts that are at low levels in relation to consumption baskets.”
The report says on the other hand that “the current mobility formula allows to anticipate that the amount corresponding to the minimum being for the Fourth month of the year will reach a total of $ 285,825 and will present a fall in real terms compared to the perceived in March when contemplating 2.4% of inflation during the month of February, but with inflation in March of 3.7%. ”
Regarding the other concepts that make up the social security benefits, during March, non -contributory pensions due to disability, managed by the National Disability Agency, accrued $ 229,056 million To guarantee the benefit to almost 1.2 million people, exposing an interannual improvement of 28.5% and 35.4% in the accumulated of the first quarter of the year.
How much is spent on social benefits
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The private report emphasizes that in March the delivery system expense represented 23.2% of the total of primary expenditure, while the pension moratorium explains 14.9%. On the other hand, the $ 70,000 bonus explains 3.2% of the primary expenditure, which implies a drop of 2 points compared to the same month last year.
Source: Ambito
