Retirement: how much does June increase?

Although some variables that make up the mobility formula still need to be known, it is estimated in June quarterly increase retirement and pension benefits and other social benefits is at 15%.

Economist Rafael Rofman, director of CIPECC, and social security lawyer Guillermo Jauregui both agreed with this calculation, based on the variables have spread of the pension formula.

This increase included 18 million people because it also includes Family Allowances, Universal Child Allowance (AUH), non-contributory pensions and PUAM (universal pension for the elderly). And it should apply from June 1, plus half the bonus, Until August 31.

This increase excluding retirees and pensioners of special regimessuch as teachers, university teachers, Luz y Fuerza, Judicial Power, with their own indices.

The increase is applied to pension amounts for March-May, excluding the $ 6,000 bonus in April and the $ 12,000 bonus in May because they are not combined when there is current.

For its part, the mobility formula has no guarantee that the pension increase cannot be less than the price increase. In the first quarter of this year, average inflation was 16.1%.

At 15%, the minimum credit of $ 32,630 will increase to approximately $ 37,500. PUAM from $ 26,104 to $ 30,000. Non-contributory pension from $ 22,841 to $ 26,250. Y the maximum credit from $ 219,572 to $ 252,500.

In March the increase was 12.28%. In June, in the first semester the increase the accumulated was at 29.1%.

The increase comes from the mobility formula that combines half of the quarterly variation of wagesaccording to RIPTE (Taxable Remuneration of Stable Workers prepared by Social Security) and the INDEC Salary Index, higher than both.

The other half of the formula consists of the quarterly interannual variation of tax collection every beneficiary who goes to Social Security.

The INDEC wage index for March has not yet been published (it will be released next Tuesday), while RIPTE’s quarterly increase was 18.2%.

Between September 2017 and December 2019, the mobility of retirement benefits and pensions and other social benefits had a deterioration of 18.5% in relation to inflation.

In 2020, with increases varying by decree, pensions and pensions will rise between 35.3% and 24.3% compared to inflation of 36.1%. Those with the lowest salary received bonuses as compensation due to inter-quarterly losses, while retirees with medium and higher incomes do not have any bonus, absorbs all losses up to 8.7%.

in 2021with inflation of 50.9%, point to point the increases are 52.7% there are also bonuses for lower-wage earners for inter-quarterly losses.

In Justice there are judicial decisions in favor of retirees due to pension loss caused by the change in mobility during the Government of Mauricio Macri as well as the orders of Alberto Fernandez in 2020. Still awaiting the final decision of the Supreme Court

NE