The National Administration of Social Security (Anses) made official the increase of 12.28% for retirement, pensions and other social security benefits for the quarter between March and May, within the framework of the provisions of the Mobility Law, through of Resolution 26/2022 published this Monday in the Official Gazette.
On the other hand, Anses set in Resolution 28/2022 the payment schedules for benefits, both for non-contributory pensions and for beneficiaries of the Argentine Integrated Social Security System (SIPA), with differentiated dates according to their monthly assets, whether or not they exceed the sum of $36,676.
The minimum retirement credit will be $32,630.40, 132% more than the one in force in December 2019, while the Child and Pregnancy Allowance will go from the current $5,677 to $6,375 as of March.
The increases had been announced on February 10 by President Alberto Fernández, who had specified that this adjustment was almost two and a half points above the result that would have been obtained had the pension formula sanctioned during the government of Mauricio Macri been used.
“All retirees will start the year beating inflation,” Fernandez said on his Twitter account.
We announce the first increase in retirement mobility in 2022. It is 12.28% in retirement, pensions and allowances and reaches more than 16 million Argentines.
All retirees and retirees will start the year beating inflation. pic.twitter.com/w5DZYK5jXO
– Alberto Fernández (@alferdez) February 10, 2022
Also, the Presidency indicated that the increases granted during 2021, of 52.7%, were above the inflation of the year (50.9%), “which allowed to begin a process of recomposition of what was lost due to assets during 2018 and 2019”.
As of the application of the new formula, 15 months ago, retirement assets and allowances received increases that, accumulated, are 8.1 percentage points above those that the previous formula would have granted.
From the Government House it was pointed out that, from the application of the new formula, 15 months ago, retirement assets and allowances received increases that, accumulated, are 8.1 percentage points above those that the formula would have granted. previous.
Including this increase, in the period from the assumption of the Government until now, the allowances for Child and Pregnancy went from $2,746 to $6,375while the highest retirement bracket went from $103,064.23 two years ago to $219,571.69.
According to the survey carried out by the Argentine Economy Center (CEPA), with the new formula the increase was 52.67% in 2021 and 12.28% in March 2022, while, if the formula had been maintained voted at the end of 2017, the assets would have added 49.6% in 2021 and 9.9% in March 2022.
The increase that will take effect from next March corresponds to the first quarterly update of the year established by the Retirement Mobility Index (Law No. 27,609).
According to the regulations, the increase is determined by a mobility formula that combines the variation in wages according to the Taxable Remuneration of Stable Workers prepared by Social Security (Ripte) and the Indec Salary Index, taking from both the greater, and the previsional collection.
This improvement also includes family allowances, Universal Child Allowance (AUH) and Pregnancy, which, in this case, has an impact on what almost 9 million children and adolescents receive (4.4 million AUH and 4.3 million AAFF).
