The $ 12,000 bonus payment announced by the Government on Monday covers 6.1 million retirees and pensioners (up from 8.4 million in the entire system), including non-contributory pensions and PUAM which receives 70 and 80% of the minimum amount, respectively.

$ 12,000 will be charged in May those receiving up to 2 minimum assets or $ 65,260. Meanwhile, those earning between $ 65,260 and 77,260 will receive a bonus of up to $ 77,260. For example, if you have a credit of $ 70,000, you will receive a bonus of $ 7,260.

the new bonus supplements up to $ 6,000 that they charge 4.6 million retirees and retirees receiving up to $ 38,630.

This is, the higher the value of the new bonusthe double, reaching 1.5 million retirees and pensioners yet and, “in this way, it is equivalent to the $ 18,000 bonus granted to workers,” according to the Government.

On the other hand, due to the high level of inflation, it has a discount that in May should give another bonus, because the next increase according to the mobility formula is in June. Otherwise, in May your retirees and pensioners they will charge less than in April.

Extra charge is sought compensate for the loss of purchasing power a sector of retirees and pensioners due to the fact that inflation beats the increases that retirees receive through the mobility formula.

This happens because that formula – which combines salaries and income – has no guarantee clause or automatic compensation against inflation.

In addition, because they are not included in the credit, the bonds may pay a sector of retirees for price increases at the time or month in which they are collected but, because they are uncommon or for a one -time only , in the next month or months the total income of the retiree returns to the pre-bonus level and new increases are not considered for future increases. In this way, the loss of retirement continues.

Meanwhile, those who do not receive the bonus – about 2.3 million retirees and pensioners – they have no compensation and they absorb complete losses due to inflation with a decrease in the real terms of their assets.

Those without compensation

Due to the mobility formula, in March retirees and pensioners received a quarterly increase of 12.28% when the average January-March inflation was 16.1% and the prices of food intake increased by 20.9%.

In addition, the main meal- consumed to a greater extent by low -income individuals and families – hopefully rising between 23 and 25% in the first quarter. INDEC will release this data this Thursday.

After the sharp decline in pension purchasing power between September 2017 and December 2019 of 19.5%, with a mixed increase by the 2020 decree (between 24.3 and 35.3%), there was further decrease for medium and higher assets of up to 8.9%.

In both 2020 and 2021, due to delays in the face of inflation, the Government issued bonds up to the minimum pension and pension onlywhich are not included in the assets, while others continue to suffer the devastation that began in September 2017.

NE