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How much retirees and pensioners will earn in March after the $70,000 bonus is announced

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With the Increase of 27.18%. and bonus up to $70,000, pensions and minimum wage pensions will receive a total $204,445 gross in March, April and May compared to $160,713 raised in February. The total is broken down into $ 134,445 further $70,000.

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Meanwhile, those who received $160,713 in February but between a credit $140,000 and a bonus $20,713in March they will also charge $204,445 because the bonus is proportional (they will receive a salary of $178,052 and a bonus $26,393 in March) so that no pensioner with higher wages receives less than those on the minimum wage scale.

Pensioners and retirees with a salary above $204,445 will have the increase of 27.18% e They will not collect any bonuses.

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Consequently, with these values, The minimum asset will have a 33% loss in purchasing power compared to March 2023. And those who have not collected and will not collect the bonus, the loss rises to 44% in 12 months.

Non-contributory pensions will increase from $73,999 plus the 55,000 bonus – total $128,999 – to $94,112 plus a $70,000 bonus: $164,112.

The PUAM (Universal Pension for the Elderly) will increase. $ 84,570 plus $55,000 bond – for a total of $139,570 – TO $ 107,557 plus $70,000: total $177,556.

The family salary for minor children charged by a sector of registered workers (according to family income) and single-tax workers (according to categories) receives an increase of 27.18% and will be from March $26,277, $17,721, $10,716 or $5,526.

In the case of AUH it is in doubt how the increase will be applied in January, for which the government has increased the amount $41,322. It is unclear whether the 28.17% will be applied to that value or whether it will be absorbed by the January increase.

In the chaos of the AUH, 80% is paid monthly (33,057 pesos) and the remaining 20% ​​(8,264 pesos) when health, vaccination and school checks are credited by presenting the Booklet once a year.

With these numbers, and compared to a year ago, the purchasing power of assets is as follows:

• As of March 2023, the minimum asset was $58,665 plus a $15,000 bonus – a total of $73,665. In March this year the minimum asset will be $134,445 plus $70,000 bonus: total $204,445. Represents a year-on-year increase of 177.5%

With inflation of 16% in February and 15% in Marchinterannual inflation would rise to 311%. The difference equates to a loss of purchasing power of 32.6%.

These figures do not take into account pensioners and pensioners on minimum wage since January They stopped receiving up to $18,800 a month in sales tax refunds on debit card purchases.

• In the case of those who have not collected and will not collect the bonus, the loss is greater. For example, in March 2023 the maximum asset was $394,763 and in March it will be $904,689. A nominal increase of 129.17%, which is equivalent to a real loss of 44.5%

Added to this worsening is the fact that the March increase also covers the months of April and May. Therefore, assuming inflation of 15% in April and a further 15% in May, The purchasing power of pensions and pensions would be halved.

Source: Clarin

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