Despite the surge in inflation – in December it could be around 25% and the same in January – pensioners and pensioners will keep the salaries received in December unchanged in January, including the $55,000 bonus for the lowest salaries. By February the Government will decide whether to continue without changes or whether to introduce some adjustments by decree.
As a result, with a cumulative price increase in two months that could exceed 55%, assets received only a 20.87% increase in December and a zero increase in January.
This drop of almost 35 points (represents a 22% drop) is on top of what they had from 2017 onwards, which would mean an average loss of 50%. Lower fall for those who received the bonuses and greater for those who did not have any reinforcements.
During 2023, the loss of pension has had an impact to all pensioners and pensioners, including those who received bonuses. In December 2022, the minimum amount was $50,124 plus a $10,000 bonus ($60,124 total), and this December they raised a minimum of $105,713, plus $55,000 ($160,713). Represents an increase of 167.3%.While, Annual inflation is expected to be around 200%. The minimum total income would be 32.7 points below the price increase.
The $55,000 bonus will carry over into January, so total income would remain at $160,713, when inflation could accumulate to 50% or more in those two months.
For this reason, the Guarantor for the elderly, Eugenio Semino, suggests that it is not enough to maintain the payment of the bonus but that pension benefits – and not just the minimum ones – increase at the rate of this “infernal” growth in prices. , while the new government announces and the projects can be analyzed with the predict changes, especially the increases by decree starting from March.
More catastrophic than their original heritage is the situation of those who they did not collect bonuses That This year 2023 they had an increase of 110.9% against an inflation of 200%. It represents a 30% drop in just 12 months. If we add January inflation, the drop could be around 40% or more.
These losses are added to those of recent years: this process involves several phases:
• Between September 2017 (base taken due to changing mobility under Mauricio Macri’s government) and December 2019, pensions and other social benefits worsened by 19.5% relative to inflation.
• In 2020, already with Alberto Fernández, with increases differentiated by decree, pensions and pensions increased between 35.3% and 24.3% against an inflation of 36.1%.
• In 2021, with inflation of 50.9%, end-to-end increases were 52.7%.
• In 2022 the mobility formula was 72.5% compared to an annual inflation of 94.8%. A loss of 11.5%.
Source: Clarin
