The government announced it on Friday a $15,000 bonus for retirees which load the minimum credit which, in March, will have an increase of 17.04% and will go from 50,124 dollars to 58,665 gross dollars. Thus, they will receive a total of $73,665.
So the bonus is decreasing, such that Total income is held at $73,665 until those receiving $68,665 are reached. The goal is that this segment does not charge less than those receiving the minimum.
This means that for assets between $58,665 and $68,665, your total income will be $73,665.
Therefore, for those who raise $60,000 in March, the bonus will drop to $13,665. It will be $8,665 for those receiving $65,000. And $5,000 for those who raise $68,665, in all of these cases for a total of $73,665.
Between $68,665 and $117,330 (2 minimum activities) The bonus will be $5,000. for a total in the latter case of $122,330. And then the same mechanism is applied and drops to zero for those earning more than $122,330.
For example, those with $119,000 credit, the bonus will be $3,330, and with $121,000, the bonus will be $1,330, for a total of $122,330.
AS, for assets between $117,330 and $122,330, your total income will be $122,330. These totals also include those who are both pension and pension recipients at the same time.
The disposable income of the first segment will be $71,905 because the minimum credit of $58,665 has the PAMI discount (3%) – $1,760- plus $15,000 bonus (no discount).
The bonus covers the Retirements and pensions up to 2 minimum assets AND the $15,000 bolster will also be received from noncontributory pensions (which charge 70% of the minimum credit) and the PUAM (which charge 80% of the minimum credit): in total 6.1 million people.
An “amazing” bonus that is permanent
As in the previous cases, the bonus is a reinforcement not included in the credit. Compared to the previous quarter (Dec-Feb) bonus increased from $10,000 to $15,000 for the minimum credit and was reduced from $7,000 to $5,000 for those who charge up to 2 minimum assets.
If it is an “extraordinary” compensation for the inflationary peak, those ties have become permanent and in increasing values for the minimum credit. And they can’t stop repeating themselves why the mobility increases would be reversed if those retirees lost their premium collection.
After the loss of 19.5% of social security assets between September 2017 and November 2019, the pension bonus for those with lower salaries made its debut under the current government “Only for this time” in December 2019.
Thus, bonuses of $5,000 were given in December 2019 and January 2020 for minimum retirements, and another $3,000 in April of that year.
Bonuses of $1,500 were handed out in April and May 2021. A $5,000 bonus was awarded in August, and in December 2021, another up to $8,000 was awarded.
Due to the peak inflation, in 2022 bonuses have become 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 the salary with the collection of taxes that goes to the Social Security – it does not have a guarantee clause or an automatic indemnity against inflation. And the bonuses are received only by pensioners and pensioners with lower salaries, flattening of the income pyramid of the system.
Also, because they are not credit-embedded, the bonds compensate a sector of retirees for a portion of the price increase in the month or months in which they are raised, but in the following month or months the total income of the retiree return to the pre-bonus level and new bonds have to be issued they become more frequent.
Bonuses, on the other hand, are not taken into consideration for future capital increases. This way, the continued loss of “lifetime” retirement.
While, who does not collect the bonus – about 2 million pensioners and retirees – They have no compensation and absorb, with a reduction in real terms of their assets, total loss due to inflation.
Source: Clarin
