With the increase in retirement and pensions for the June / August period - which is estimated to be around 21% - there will be
a new bonus for those who earn lower salaries
during those months.
Otherwise, these retirees and pensioners would earn less than in previous months, they admitted to the Government.
The increase in mobility for June-August would be announced next Wednesday the 10th when INDEC reports the Salary Index for March,
the variable that is missing
to finish calculating the percentage increase in salaries, which also reaches social benefits ( as Family Allowances, AUH)
For this reason, based on the variables that are known, the increase would be of the order of 21%, according to the calculations of Rafael Rofman, director of CIPPEC.
The minimum retirement today is $58,665
(gross) plus up to $15,000 in bonus.
In total, $73,665.
With a mobility of 21%,
the minimum retirement would go to $70,984.
Thus, without a bonus, the retiree or pensioner with minimum salaries
would receive nominally less than in previous months
, with a strong additional deterioration in relation to inflation.
Consequently,
a new bonus
of at least
$18,000/20,000 per month
would be necessary to bring
the total income to almost $90,000.
From being a “one-time” or “extraordinary” compensation, due to the skyrocketing inflation,
these bonds became permanent
and in ascending values.
And
they cannot stop repeating themselves
because the increases for mobility would be canceled by inflation 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 $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 a bonus of up to $8,000.
In 2022 there were several and more frequent bonuses.
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, from March to May up to $15,000.
The Government, forced to give compensation to retirees
The permanence of the bonds over time is due to the fact that 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 the lowest salaries,
flattening the
system's income pyramid.
In addition, since
they are not integrated into credit
, the bonuses 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 new bonuses are required to be awarded which 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 – more than 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.
Without the bonuses, the mobility formula in 2022 yielded 72.5% versus annual inflation of 94.8%.
A loss of 11.5%.
In March, mobility was 17.04% versus inflation of 21.7%
NE
look too
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