The Government has formalized the payment of three reinforcements for pensions and pensions: when they are paid and what are the amounts

In line with the announcement made just over two weeks ago by Economy Minister Sergio Massa and the head of ANSeS Fernanda Raverta, the Government made official this Monday the payment of three reinforcements in the months of June, July and August for retirees and retirees.

The confirmation was given through the publication in the Official Gazette of Decree 282/2023, signed by Alberto Fernández, the Chief of Staff, Agustín Rossi, and the Minister of Labour, Kelly Olmos.

“A pension income enhancement is granted for a maximum amount of fifteen thousand pesos ($15,000), pesos seventeen thousand ($17,000) and pesos twenty thousand ($20,000) to be paid in months of June, July and August 2023respectively”, reads article 1 of that document.

These values ​​correspond to those people who receive the minimum pension. Meanwhile, for those who collect up to two minimum withdrawals, the bonus will be up to $5,000.

The increases are intended for holders of contributory pension benefits provided for by ANSES, and for beneficiaries of the Universal Pension for the Elderly and of non-contributory pensions for old age, disability, mothers of seven or more children and other non-contributory pensions and ex – gratia pensions , the payment of which is the responsibility of this institution.

The reinforcements are not included in the credit and are not calculated for the disbursement of the half Christmas bonus scheduled for the month of June.

Bonuses for retirees and retirees: how much will retirees get from June?

The minimum retirement is currently $58,665 (gross) plus a bonus of up to $15,000. In total, $73,665. With the 20.92% increase, the the minimum retirement will be $70,938. Today’s high of $394,763 rises to $477,347.

In relation to what minimum wage retirees including bonus receive today ($73,665), in June the total income rises to $85,938 ($70,938 plus $15,000) and represents an increase of 16.7%. In July, with the strengthening of $17,000, the total income goes to $87,938, the increase is 19.4%. And in August, total income jumps to $90,938 (23.4%).

For those earning between one and two minimum wages, the increase is smaller because the $5,000 bonus they received in March, April and May remains unchanged.

Meanwhile, those earning more than two minimum wages ($141,874) receive no reinforcements, absorbing the loss against inflation.

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