In June, the bond should be 126% higher to equip with basic assets

In June, the bond should be 126% higher to equip with basic assets

If the government had applied the IPC adjustment, the bonus for minimum retirement and pensions should be $ 88,000 higher.

Citrus magazine

The Retirees of the minimum are one of the main injured of the fiscal spending adjustment policy of the Minister of Economy, Luis Caputo, Due to the freezing of $ 70,000 bonus Since March last year. In fact, if the government had updated that complement in the same way as the basic, Today should be more than double.

As revealed a report from the Argentine Budget and Public Finance Association (ASAP), In April the sum between minimum and bond determined that the salary of pocket of those below the scale has not grown If the inflationary effect is eliminated. Meanwhile, the expense that allocates the Anses for that complement fell 31% this year In real terms.

According to ASAP data, In April the government spent $ 3.5 billion for the cast systemwhile to pay the benefits of which They entered by moratorium, $ 1.2 billion grew, with real increases of 21% and 17.5% Reales in relation to April last year, respectively.

Instead, Bonus spending remained at $ 250,000 millions, indicating a decreased 32% decreased the effect of inflation. In fact, in the first four months the spending in the complement is only $ 1 billion, which marks a fall of the order of 30% as well.

Bonus for retirees: How much should it be in June so as not to lose value?

According to estimates of Argentine Political Economy Center (CEPA) In June the problem tends to worsen. “The compensatory bonus that received 70% of retirees was frozen at $ 70,000, liquefying its purchase capacity,” says the report.

retirement.png

“Those who charge the minimum continue to lose purchasing power. While the assets increased between March 2024 and June 2025 126.7%, the minimum, with a bond included, only increased 83.3%,” says the report.

The report indicates that “if it has been updated in the same proportion, the bonus should have been in June 2025 of $ 158,658, it is say, more than double (+$ 88,658) of the current ”.

In June the retirees who are in the lowest climb will receive in hand $ 374,726 pesos that are composed of a credit $ 304,726 plus $ 70,000. If the bonus had also adjusted the minimum should be $ 393,384.

The Study Center considers that with the current update scheme based on inflation two months ago, “Retirements cannot aspire to improve their current situation.”

In this context, in 2024, retirement constituted a central factor in the adjustment of public spending: they explained 19.2% of the total cut carried out by the national public sector.

Source: Ambito

Leave a Reply

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

Latest Posts