The Venezuelan government announced a bonus equivalent to more than $2,200 for about 120,000 retired civil servants as of 2018at the height of an economic crisis that destroyed wages and job benefits of the local population.
This bonus of 10,000 bolivars (USD 2,224 at the current exchange rate) applies to “all those people in the public sector who retired between January 1, 2018 and May 1, 2022“, announced the Vice President Delcy Rodriguez in a statement broadcast on state television. “We know they retired with precarious amounts“, he admitted.
“Until now the universe covered is 120,000 workers”, accurate.
The Venezuelan president, the socialist Nicolas Madurofixed in March the minimum wage at 28 dollars a monthafter it had become less than two dollars due to the effects of hyperinflation, local currency depreciation and eight consecutive years of recession before rebounding 4% in 2021, according to the government.
Only the food basket, in contrast, rises in this Caribbean country at about 450 dollars per monthaccording to figures from private sector entities.
Maduro alleges that the crisis is due to the sanctions imposed by the United States that intend to remove him from power, but the opposition recalls that it broke out long before the financial restrictions imposed by Washington, including a ban on US citizens and companies from doing business with the Venezuelan oil industryvalid since 2019.
The socialist president had announced on Sunday the exit of the bonus on Sundaywithout giving details, in the middle of an official march through International Workers’ Day.
Rodriguez reported that This bonus will be paid in three “tranches” over 12 months until May 1, 2023.
The beneficiaries must process the bonus in the human resources office at the institution from which he retired.
