With the December salary update, the pension agency seeks to cushion the impact of inflation on retirements and pensions.
The National Social Security Administration (ANSES), reported that the last salary increase of the year will be applied in December after the dissemination of the October inflation index. This measure will affect the amounts of retirements, pensions and other benefits of the pension organization, seeking to counteract the impact of inflation accumulated during the year. Besides, Retirees who earn the minimum will receive an extraordinary bonus of $70,000as confirmed by the Government, to reinforce the income of the most vulnerable sectors.
With the recent announcement by INDEC on October inflation, the outlook for retirees and pensioners was defined for the end of 2024. This 2.7% increase in December will take the minimum retirement to $259,597.80 without the bonus. Adding the reinforcement, The beneficiaries of the minimum will receive $329,597.80. Meanwhile, the maximum retirement will reach $1,746,820.91 and the beneficiaries of the PUAM and PNC will also receive the additional bonus.
Amount of ANSES retirements in November 2024
In November, Retirees who receive the minimum retirement obtained $252,692.60 without the reinforcement bonuswhile With the extraordinary bonus they reached $322,692.60. This amount was established to accompany the acceleration of inflation in the last quarter. For those who receive the PUAM and the PNC, the salaries were set at $202,699 and $177,593 respectively, adding the bonus of $70,000.
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Inflation data for October 2024
The October inflation index was published by INDEC and resulted in a 11.2% increasemarking an acceleration that affects the purchasing power of retirees and pensioners. This index is taken as a basis to adjust December assets, within the framework of the new mobility formula which is now governed by monthly inflation. Since the implementation of this scheme, increases in pensions have followed the price variation, although difficulties still persist in maintaining purchasing power in the face of living costs.
Retirees and pensioners
What will the ANSES bonus be like?
In December, in addition to the increase in salaries, ANSES will settle the bonus (SAC) taking as reference the best assets of the second semester. For retirees who receive the minimum, this will represent economic relief by receiving the reinforcement bonus, the bonus and the monthly salary. This scheme will allow, at the end of the year, the beneficiaries of the minimum to receive $329,597.80, including the reinforcement of $70,000 and the bonus.
Source: Ambito
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