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They made the minimum wage increase official: how will the 7 tranches be

2021-05-06T05:18:49.143Z

The increase is 35% in seven tranches and the last one will arrive in February. The increase impacts assistance plans.



05/05/2021 1:40 AM

  • Clarín.com

  • Economy

Updated 05/05/2021 9:18 AM

The increase in the

Minimum Living and Mobile Salary

, agreed at the end of April between the union sector and the different business chambers, was

made official

this Wednesday through the publication of resolution 4/2021 in the Official Gazette.

As announced, the increase will be

35%

 applicable in seven non-cumulative tranches from April to February 2022, according to the resolution signed by the Minister of Labor, Claudio Moroni.

According to the provisions of the Minimum Wage Council meeting, a retroactive increase of 9% in April, 4% in May, 4% in June, 3% in July, 5% in September, 5% in November was resolved. and a final 5% in February 2022.

Consequently, as of April,

the minimum wage was $ 23,544, while for May it was set at $ 24,408 and in June it will be $ 25,572.

According to the resolution published this Wednesday, as

of July 1, the credit will reach $ 25,920,

while

in September it was established at $ 27,000 and in November at $ 28,080

.

While as of February 2022, the credit will be

$ 29,160

.

In addition, it was agreed that in September there will be another meeting of the Minimum Wage Council, "to assess the evolution of the situation," according to Trabajo reported.

The SMVM affects a large number of unregistered or informal workers who take this parameter as a reference.

In addition, it has an impact on work agreements with lower incomes, as happens between provincial employees and formal workers

“outside the agreement

”.

It also impacts

more than 750,000 beneficiaries of social plans, such as Boost Work, who receive half the minimum wage

.

And it is a reference for the Progresar scholarships because the beneficiary receives this aid if the family earns less than three SMVM.

On the other hand, it

does not affect the minimum retirement

of those who retired without resorting to the moratoriums who are entitled to 82% of the SMVM because that percentage, until the next increase in June,

is lower.

Today the minimum retirement is $ 20,571.44.

For their part,

some 150,000 workers

in formal or registered dependency

receive the

Unemployment

Benefit

who were dismissed without cause.

The previous increase

was in April of last year

and was unchanged until this initial increase of 9% from this April.

The Labor Contract law says that the SMVM is the lowest remuneration that the worker without family charges must receive in cash for their working day.

It must ensure adequate food, decent housing, education, clothing, health care, transportation, recreation, vacations and social security coverage.

And it must be adjusted periodically according to variations in the cost of living.

The benefit granted by ANSeS for unemployment will have the same staggered increase in the coming months that was agreed for the salary floor.

In this way, the range that is currently paid, between $ 6,000 and $ 10,000, will change in February to $ 8,100 and $ 13,500.

As resolved at the Salary Council meeting, held on April 27, a clause to review the values ​​was included in September.

The last meeting of the Salary Council had been on October 14, 2020, on which occasion a minimum income

of $ 21,600

was determined

in three tranches

, which represented

an increase of 28%, paid 12% that month, 10 in December and a 6 in March.

For three previous years (2017, 2018 and 2019) the value of the minimum had been set unilaterally by ministerial award in the face of disagreements between trade unionists and businessmen.

YN

Look also

Formal salaries: in March they increased 4.9% and tied with inflation

How much social plans will increase with the increase in the minimum wage

Source: clarin

All business articles on 2021-05-06

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