Due to the failure to update the minimum, vital and mobile wage (SMVM), e despite the increase in salaries in April of 27.4%almost 1.5 million pensioners and pensioners will earn more or less the same as in March. Only $4,987 more, a 2.11% increase over what you received in March.
The explanation is as follows:
The retired with minimum assets with 30 or more years of contributions in force without moratorium are entitled to 82% of the SMVM. In March, The minimum retirement was $134,445.30 plus the $70,000 bonus, total $204,445.30. But for the 82% guarantee on a $202,800 SMVM, That 82% represented $166,296. With the $70,000 bonus they raised a total of $236,296. ($236,296-204,445.30). A benefit of $31,850.70.
In April, for now, the SMVM remains at $202,800. With an increase of 27.4%, The minimum asset rises to $171,283.30. Plus the $70,000 bonus, they’ll collect it this month a total of $241,283.30, when in March they raised $236,296. Just a difference $4,987.30 ($241,283.30 minus 236,296).
“This happens because the SMVM was not updated in April, nor the Reinforcement Bonus, and therefore 82% of the SMVM remained below the General Minimum Pension, and consequently the limit of 241,283 is starting to be collected, 30 dollars,” explained lawyer Aníbal Paz
This way, there will be pensioners who will earn 2.11% more(pensioners with at least 30 or more years of effective contributions, others an increase of 18% (minimum with moratorium) and others (the rest) medium and high salaries, an increase of 27.4%.
For their part, those who collect the PUAM (Universal Pension for the Elderly) will have a increase of 16.6% and the Non-contributory pensions (PNC) an increase by 15.71%.
Since 2018, this group of retirees has failed to collect less than 82% of the SMVM. This is because item no. 5 of law 27.426, approved in December 2017, specifies that pensioners and pensioners “with 30 or more years of service with effective contributions” (without moratorium) will receive “a monetary supplement until the pension assets are reached. “equivalent to eighty-two percent (82%) of the value of the living and moving minimum wage.”
This temporary bonus, since it was approved, has been paid in the months January-May and July-November 2018; in August and October-November 2019, in October and November 2021, in August, in October, November and December 2022, in January and February and in April, May, June, July, August, September, October, November and December 2023 AND in the months of January, February and March 2024.
Pensioners and pensioners who earn the minimum wage and retire attending In the moratoriums they do not charge this extra.
Pensioners and pensioners with average and higher salaries do not receive this supplement nor the bonuses that have been granted in recent years.
This last sector of pensioners and retirees is the one that has suffered the greatest decline in the face of inflation because, like the rest, it had a loss of 19.5% during the government of Mauricio Macri.
Then in 2020 he received below-minimum raises. And in 2021, 2022 and 2023 he received none of the bonuses given to lower-wage retirees and pensions. And not even in these months of 2024. Since September 2017 this segment of pensioners has accumulated losses of more than 50%
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Source: Clarin
