[HIGHLIGHTS] Increases tied to the Minimum Wage: how the increase in retirements, Boosting Work and Earnings will impact

Increases tied to the Minimum Wage: how the increase in retirements, Boosting Work and Earnings will impact. There are certain incomes tied directly to the minimum wage and are updated automatically.

The increase in the Minimum, Vital and Mobile Wage (SMVM) from $156,000 to $180,000 since February 1, as announced by Minister Luis Caputo, affects other incomes of the population. Among them is the value of the Empower Work plans and the assets of a group of retirees and pensioners.