The Government formalized the bonds of $ 15,000 in June, $ 17,000 in July and $ 20,000 in August for retirees and pensioners charge the minimum amount and $ 5,000 in each of those months for those who receive between one and 2 minimum salaries, according to decree 282/2023 published today in the Official Gazette.
Thus, in June, the minimum retirement will have an increase of 20.92% and will go from $ 58,665 gross to $ 70,938.24. Plus the $15,000 bonus, they will receive a total of $85,938.24. And between $ 70,938 and $ 141,876 (2 minimum assets) the bonus will be $ 5,000.
The decree clarifies that for those who charge between the minimum of $ 70,938 and $ 80,938, the bonus is decreasing, in such a way that all that segment maintains the total income at $ 85,938. The objective is that this segment does not charge less than those who receive the minimum.
Thus, for those who collect $ 75,000 in June, the bonus will fall to $ 10,938. And $ 5,000 for those who charge $ 80,938, in all these cases adding $ 85,938.
Between $ 70,938 and $ 141,876 (2 minimum assets) the bonus will be $ 5,000, totaling in the latter case $ 146,876. And then the same mechanism is applied and goes down to zero for those who charge more than $ 146,876.
For example, those with a credit of $ 120,000, the bonus will be $ 5,000 and with $ 143,000, the bonus will be $ 3,876, adding $ 146,876.
These totals also include those who receive both retirement and pension.
The reinforcement of $ 15,000 will also be received by non-contributory pensions (which charge 70% of the minimum amount) and the PUAM (they charge 80% of the minimum amount): in total 6.1 million people.
This same scheme is repeated only for minimum assets in July with a $17,000 bonus and in August with a $20,000 bonus. On the other hand, up to 2 minimum assets are maintained in the 3 months at $ 5,000.
"The reinforcement of social security income granted by this decree will not be subject to any discount or computable for any other concept," says Article 14 of the decree. That means that they do not have the PAMI discount, but they are not considered for the payment of the half bonus. And as in the previous cases, these bonds are a reinforcement that are not integrated into the credit.
From being an "extraordinary" compensation for the inflationary skyrocket, these bonds have become permanent and in ascending values for the minimum income. And they cannot stop repeating themselves because the increases for mobility would be canceled if those retirees lose the collection of the bonuses.
After the loss of 19.5% of retirement assets between September 2017 and November 2019 during the previous Government, 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 pensions and another of $ 3,000 in April of that year.
In April and May 2021 bonuses of $ 1,500 were given. In August a bonus of $ 5,000 was given and in December 2021 another of up to $ 8,000.
Due to the inflationary skyrocket, in 2022, bonds became more frequent. In April ($6,000) and May ($12,000), September, October and November ($4,000/7,000), December, January and February 2023 (from $7,000/10,000). Between March and May ($5,000/$15,000). And now 15,000/17,000/20,000 for the minimum and $ 5,000 fixed up to 2 minimum assets.
That 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 incomes, flattening the system's income pyramid.
In addition, as they are not integrated to the credit, the bonuses compensate a sector of retirees a part of the price increase of the month or months in which they are collected but the following month or months the total income of the retiree returns to the pre-bono level and it is required that new bonuses be granted 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 receive the bonus – some 2 million retirees and pensioners – have no compensation and absorb, with a reduction in real terms of their assets, the complete loss to inflation.
SN
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