Frozen retiree bonus: how much it should increase to cover the basic basket

Frozen retiree bonus: how much it should increase to cover the basic basket

The Government, in principle, He confirmed that the bonus will continue although he did not clarify whether there will be an increase in the amount or not. The presidential spokesperson, Manuel Adorni, announced that the amount of the bonus of up to $70,000 for retirees with minimum salaries will not be updated after the presidential veto of the retirement reform approved by Congress.

As long as this fixed sum is not updated, an effect opposite to that sought by the impact on inflation would be generated due to the delay that the assets already have.

According Eugenio Semino, Defender of the Elderly of the City of Buenos Aires and President of the Ibero-American Society of Gerontology and Geriatrics (SIGG), in dialogue with Scopethe bonus should be in $128,000 and the five million people with the minimum and one million with the subminimum (non-contributory pensions and PUAM) between 10 and 15% higher. “The last retiree basket including housing expenses published in the last days of September was $912,000. These six million benefits cover less than a third,” he explained.

If the reinforcement were to increase to $80,000, the cumulative increase would reach 62.82%so the loss with respect to the rest of the retirements would be reduced from 30.16 to 25.26 points percentages.

The retiree basket in September

According to the CABA Senior Citizens Ombudsman, retirees It already amounts to $912,584 “in a context in which four and a half million retirees earn a minimum of $234,540.23 plus a bonus of $70,000. Beneficiaries of the Universal Pension for Older Adults (PUAM) receive $187,632 plus the bonus. The amount of Non-Contributory Pensions for people with disabilities is $164,178, plus the bonus of $70,000.”

The Retiree basket includes housing expenses which contemplates a set of variables such as maintenance of one’s own property, rent, and the life of older adults in pensions. The medication category includes a variety of medications for different pathologies.s, considering the discount that is made in pharmacies according to the retiree’s social work and pharmacy supplies with a high rate of use by this age group, the Report clarifies.

Food expenses total $236,873, Housing $198,000 and medications $145,268. Compared to a year ago, The value of the basic basket went from $313,185 to $685,041 in April 2024 and now at $912,584.

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Source: Ambito

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