Ismael Bermudez
10/15/2020 6:01 AM
Clarín.com
Economy
Updated 10/15/2020 6:01 AM
Consensus in the ruling party, in Congress there is already a proposal for the mobility of retirements and pensions of the general regime and other social benefits that, if approved,
will govern from January 2021.
The first increase with the new formula would be applied in March
of next year.
Meanwhile,
the December increase will be by
presidential
decree
, like the three previous increases (March, June, September).
In total, mobility includes 18 million benefits among retirees, non-contributory pensions, family allowances, AUH and PUAM (Pension for the Elderly).
The proposal is based on the formula that governed between 2009 and 2017
, with variations.
Thus, the increases will be quarterly -not semiannual as had been proposed in a first draft- and will be made up of 70% due to the variation in wages (RIPTE) and 30% due to the tax collection destined for Social Security for beneficiaries (without moratorium).
And the RIPTE and collection indices will be taken not with a delay of 6 months but from the
previous quarter
.
For example, if it is applied in March 2021, the indices of the fourth quarter will be taken, that is, October-December.
The resulting increase would have a limit given by the variation of the total collection of the pension system,
by beneficiaries (without moratorium).
In turn, there will be a clause that will authorize the ANSeS to grant a differentiated bonus by range of assets if inflation exceeds the variation of the Total Collection of the ANSeS (RT).
This bonus will not be integrated into the monthly credit, which, being extraordinary, does not compensate for the difference in less in relation to inflation, which remains so over time.
If this formula is put into practice, the social security and pension decline suffered in the last three years would be consolidated.
Until September, the minimum retirements and pensions had a loss of 14.8%
and the highest a decrease of 21.8%.
By depending on the evolution of wages and collection, pension assets improve in periods of good collection, salaries higher than inflation, while they fall in times of recession, higher inflation and salary loss,
as happened during 2016 with the formula K
when inflation was 40.9% and pensions increased 30.9%.
Then, at the end of 2017, this formula was modified with quarterly increases according to the variation of inflation (70%) and RIPTE (30%) but it was applied with a 6-month delay and a period of time was left out of the union of both formulas .
The result was a retirement loss during 2018 and 2019 of 19.5%.
In turn, at the end of 2019, an Emergency law was approved, canceling the increases already accrued in the second semester of that year (affectation of acquired rights) and the President was empowered to give
increases by decree that were lower than those of the formula above
.
That hurt all retirees and pensioners and especially those with medium and higher salaries.
As happened with the 2009/2017 formula, according to ASAP (Argentine Budget Association), the calculation of the indices with that number of variables is more than complex, almost impossible to verify even among specialists due to the lack of access in time and forms all the components of the formula.
Other sectors of the ruling party had proposed that mobility be applied every 3 months and is based, alternatively, on the evolution of inflation (INDEC CPI) and the RIPTE, both of which are the most favorable to retirees, so that they do not lose purchasing power.
But it
did not prosper.
These mobility variants do not include special retirements, such as university teachers and professors, who retire with 82% and are adjusted for the salary variation in the sector.
NE
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