The Government announced on Friday
a bonus of $15,000 for retirees
who receive the minimum wage that, in March, will rise 17.04% and go from $50,124 to $58,665 gross.
Thus, they will receive a total of $73,665.
Then the bonus is decreasing, in such a way that
the total income is maintained at $73,665 until reaching those who receive $68,665.
The objective is that this segment does not charge less than those who receive the minimum.
This means that
for assets between $58,665 and $68,665, the total income will be $73,665.
Thus, for those who collect $60,000 in March, the bonus will drop to $13,665.
It will be $8,665 for those who receive $65,000.
And $5,000 for those who collect $68,665, in all these cases totaling $73,665.
Between $68,665 and $117,330
(2 minimum assets)
the bonus will be $5,000,
totaling $122,330 in the latter case.
And then the same mechanism is applied and
it goes down to zero for those who earn more than $122,330
.
For example, those with a credit of $119,000, the bonus will be $3,330 and, with $121,000, the bonus will be $1,330, adding up to $122,330.
Thus,
for assets between $117,330 and $122,330, the total income will be $122,330.
These totals also include those who receive retirement and pension at the same time.
The income in hand of the first segment will be $71,905 because the minimum credit of $58,665 has
the PAMI discount
(3%) – $1,760- plus the $15,000 bonus (without discount).
The bonus includes
retirement and pensions of up to 2 minimum assets
and
the reinforcement of $15,000 will also be received by non-contributory pensions
(which charge 70% of the minimum amount) and the PUAM (charges 80% of the minimum amount):
in total 6.1 million people.
An "extraordinary" bonus that is permanent
As in the previous cases, the bonus is a reinforcement that is not included in the credit.
In relation to the previous quarter (December-February)
the bonus increased from $10,000 to $15,000
for the minimum salary
and was reduced from $7,000 to $5,000
for those who receive up to 2 minimum salaries.
From being an "extraordinary" compensation for soaring inflation,
these bonds have become permanent
and in ascending values for the minimum credit.
And they cannot stop repeating themselves because
the increases for mobility would be annulled if those retirees lose the collection of the bonuses.
After the loss of 19.5% of retirement assets between September 2017 and November 2019, the pension bonus for those with lower salaries debuted with the current Government "for the
only time"
in December 2019.
Thus, bonuses of $5,000 were granted in December 2019 and January 2020 for minimum retirements and another of $3,000 in April of that year.
Bonuses of $1,500 were given out in April and May 2021.
In August a bonus of $5,000 was given and in December 2021 another of up to $8,000.
Due to the inflationary spike,
in 2022, the bonds became more frequent
.
In April ($6,000) and May ($12,000), August (up to $5,000), September, October and November ($4,000/7,000), December, January and February 2023 (from $7,000/10,000).
And now, between March and May ($5,000/$15,000).
This happens because the mobility formula – which combines salaries with tax collection that goes to Social Security –
does not have a guarantee clause or automatic compensation against inflation
.
And the bonuses are only received by retirees and pensioners with lower salaries, flattening the
system's
income pyramid .
In addition, since they are not integrated into credit, the bonds compensate a sector of retirees for a part of the price increase of the month or months in which they are collected, but in the following month or months the total income of the retiree returns to the pre-bonus level
and
is requires new bonuses to be awarded that
become more frequent.
On the other hand, bonuses are not taken into account for future increases in assets.
In this way,
the retirement loss continues “for life”.
Meanwhile,
those who do not collect the bonus - some 2 million retirees and pensioners -
do not have any compensation and absorb, with a drop in real terms of their assets,
the complete loss due to inflation.
NE
look too
Sergio Massa announced a reinforcement of $15,000 for three months for more than 6 million retirees
Retirements: the increase in March would be around 17% and there will be bonuses for the lowest salaries
