Last Friday, Fernanda Raverta, head of the ANSES (National Social Security Administration), together with the Minister of Economy, Sergio Massa, announced what the increase will be for retired and pensioners by Mobility Law.
According to what was reported, the retired and pensioners will have an increase in their salaries of 17.94%. Besides, the population who receives between one and two minimum salaries will have a bonus of up to $15,000.
In this way, the retired that in February they receive a minimum of $50,124, in March they will receive $58,665, plus the bonus of $15,000 for a total of $73,665. Meanwhile, those who receive two minimum wages will earn $100,248 to $117,330.
As Fernanda Raverta explained, the $15,000 bonus will be paid to those who receive the minimum amount during the months of March, April and May; that is to say that in total an extra of $45,000 will be paid. In the case of holders who receive two minimum wages, they will receive an extra $5,000.
Source: (ANSES)
In total, the 17.04% increase will be applied to 17 million people who receive some benefit, since said increase also affects the Universal Child Allowance (AUH) and family allowances (pregnancy, prenatal, birth allowance, by adoption, by marriage and spouse).
During the announcement, the Minister of Economy said that both the increase and the payment of the bonus represent a great effort on the part of the government “to guarantee that the income is improved.”
“We have been following a path of recovery and, with these increases, in March pensioners will have 11 points of income recoverysomething key to boost the internal market and, above all, improve the quality of life of our retirees and retirees”, he indicated.
Is the bonus here to stay?
Since last year, the government has offered the population retired a series of bonds in order to compensate for the loss of purchasing power in the face of inflation, a proposal that for now will be in force until next May.
However, specialists point out that, in view of the strong inflationary pressure, the payment of the bonus would have to be permanent; because if it is removed, the income of this group would lose against the increase in inflation and, in that case, if the government wants to avoid it, it will have to maintain the effort to pay extra until the economy stabilizes.