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Retirements: March's increase will be less than inflation

2021-02-13T11:34:10.694Z


Retirements, pensions and AUH will increase between 8 and 8.2% from March to May. Ismael Bermúdez 02/12/2021 21:10 Clarín.com Economy Updated 02/12/2021 9:10 PM With 4% inflation in January and that estimated for February and March, the first increase based on the new mobility formula, which will be applied for three months (March-May) had a bad debut for retirees, pensioners and Other beneficiaries of social benefits : the increase will be between 8 and 8.2%, as Clarín annou


Ismael Bermúdez

02/12/2021 21:10

  • Clarín.com

  • Economy

Updated 02/12/2021 9:10 PM

With 4% inflation in January and that estimated for February and March, the first increase based on the new mobility formula, which will be applied for three months (March-May) had

a bad debut for retirees, pensioners and Other beneficiaries of social benefits

: the increase will be between 8 and 8.2%, as

Clarín

announced

.

Is that the increase in assets

would be lower than the inflation of the first quarter of this year

, even estimating a descending inflation (3.5% in February and 3.1% in March) since it would accumulate 11%, affecting 18 million of people reached by mobility.

In addition to retirements and pensions, the increase includes Family Allowances, AUH, non-contributory pensions and PUAM (Universal Pension for the Elderly. And the mobility formula

does not foresee compensation if inflation is greater

than the increase in assets. .

In addition, this setback is added to the loss of income that, in different magnitude,

the beneficiaries of the system had in the last 3 years

, which is

between 15 and 25%

, according to the ranges of assets and benefits.

The most affected are the retirees and pensioners who charge the minimum credit, which from $ 19,035 will go on to collect about $ 20,560 during March, April and May.

It is because they allocate

a greater proportion of their income to buying food

, which is the item that increases the most and affects the average CPI the most.

In December, the average CPI was 4% but food and non-alcoholic beverages registered 4.4%.

In January, inflation was 4% and food and non-alcoholic beverages 4.8%.

Those who charge the AUH

are also affected

because their meager real income depends fundamentally on the evolution of the

basic basket of indigence and poverty,

which has been increasing more than average inflation.

For example, in the City of Buenos Aires, the food basket increased 5.4% in January.

Next week, INDEC will announce the increase in capital and GBA baskets that will exceed average inflation.

In turn, food inflation in the interior, as in Córdoba, was 6.05% and more than 5.4% in the NEA and NOA, regions with high indigence and poverty indices.

A part of those who charge the AUH - parents with children under 6 years of age - have compensation for the increase in the Alimentar card that, since this month, went from $ 4,000 to $ 6,000 per child and from $ 6,000 to $ 9,000 with 2 or more children.

But the rest with children between 6 and 18 years old do not receive that help.

The AUH is charged by 2.1 million mothers and fathers of 4.4 million children and adolescents.

Instead, the ANSeS say that “the first increase in the new mobility formula has shown that the right path was chosen.

8% or a little more is higher than the 7.16% that the formula that was applied in 2018/2019 in the government of Mauricio Macri would have given. "And they add:" Now we are going to closely follow the evolution of the purchasing power of retirees and retirees and continue to think of tools that continuously improve the purchasing power of the sector.

Not only from ANSeS but in conjunction with the health policies carried out by Pami and the public service rates that are ceasing to be a reason for the indebtedness of retirees as they were in the recent past.

Source: clarin

All business articles on 2021-02-13

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