The increase in the salary cap – from $158,366 to $404,062 gross – which from March entitles the family salary to be collected “was more than brief”. While the measure will allow parents of more than 900,000 children to regain the child benefit they were losing due to the failure to adjust the cap for 12 monthsthe amounts of those benefits have not been corrected and they will continue to accumulate heavy loss against inflation.
The advantages of the system have four ranks based on family income and are adjusted every 3 months, based on pension mobility. New values debut in March and are maintained in April and May.
Consequently, in 12 months, the family allowance has increased by 79.9%, against inflation which, when the benefit is collected – from March to May – will exceed 100%. Represents a loss of no less than 15% which adds to the setback they have had in the last 4 years and which has been of the order of over 25%.
For the lower salary ranges, the current loss is greater because in 2021 and 2022 these scales had additional family wages, supplements or reinforcements for multiple months that were not integrated into the benefit and they have not been extended.
As a result, starting in March, the first place winner will receive $11,465, when in March 2022 the benefit was $6,375 plus an additional $3,751. In total $10,126. In relation to the $11,465 to be raised since March, it represents an increase of only 13.22% against inflation above 100%.
He Rank 2 will charge $7,732 in March against $4,300 plus a $2,530 lead. Total $6,530. This equates to an 18.4% increase in 12 months.
Rank 3 will charge $4,675 from March per child compared to $2,599 (+79.9%) in March 2022 e Rank 4 will receive $2,410 compared to $1,339 (+79.9%) a year ago, both below year-over-year price increases.
The setback for low-income workers is even greater because at the beginning of September, according to decree 578/2022, the reinforcement was raised to $20,000, but only for 3 months: September, October and November 2022.
Thus, this extra aid stopped being paid in December, and the family wage per child for low-income earners dropped to $10,126. And now, in March, it’s barely at $11,465.
According to ANSeS, from March 2.9 million fathers or mothers with registered work of 4.4 million boys and girls will receive family allowances.
Above the new limit of $404,062, the father or mother can deduct an amount from the tax base for their children.
On the other hand, an additional 2.3 million informally working or inactive fathers or mothers out of 4.5 million boys and girls receive AUH in an amount similar to that of Rank 1 ($11,465 per child) in addition, according to the age ranges, the paper food.
Source: Clarin
