Minimum pensioners: why they have no increase in April

Retirements and minimum pensions including bonus They have no increase in April. This is because they continue with the maximum cap of $204,445, the same as in March.

This is due to the fact that the minimum asset for March rises from $134,445 to $171,776, an increase of 27.3%, plus the bonus of $70,000, with the addition that the total amount cannot exceed the limit of $204,445, similar to what was paid to retirees in March. Consequentially, Due to the cap, the bonus is reduced to $33,229 ($171,776 + 33,229, equal to $204,445)

If the cap of $204,445 were not enforced, which the government would have to do so repeal or modify last week’s decree 268/2024 -The total income of minimum wage retirees and pensions is expected to be $241,776 ($171,776 + $70,000). And if the 27.35% increase were also applied to the bonus, the new limit would be $89,145, bringing the total income to $260,921, i.e. $171,776 + $89,145.

This way, The April increase would be largely liquidated because the majority of pensioners and pensioners (5,000,000 out of 7,400,000) receive a minimum salary, according to the calculations of lawyers Ariel Samana, Marcelo Baisburg and Aníbal Paz.

With the limit of $204,445the new minimum asset values ​​would be the following:

• Minimum retirement: $171,216 + $33,229 adding $204,445 as in March.

• PUAM: have a minimum of $136,972 + $67,473 until you reach $204,445

• Non-contributory pensions: $119,851 + $70,000: $189,851

Instead of integrating the bonus when there is powergovernment I would try to liquefy the weight of the minimum assets in the total income from pensions and pensions receiving this additional amount. And, on the other hand, this would reduce the flattening of the pension pyramid that has occurred due to the appearance of bonuses and differential increases between the minimum assets and the rest.

According to lawyer Aníbal Paz, “if the bonus is to be achieved with the April increase, a new decree would be necessary to clarify or correct the previous one. Otherwise there will be liquefaction and absorption into the minimum assets”.

SN