The improvement is due to the increase in parity and staff who are “out of agreement”.
Because of the parity increases and the staff that is “out of agreement”in April, average salaries, formal or registered, with contributions to the Social Security, increased by 5.9%almost equal to the 6% recorded by inflation for that month.
in January, formal wages had increased by 4.6%: that is, 0.7 points above the inflation rate of 3.9% for that month. In February, 4.7% linked to inflation. And in March 1.1 points above the price increase.
So in 4 months formal salaries accumulate an increase of 25.1% against a quarterly inflation of 23.1%.
The salary figure is official and corresponds to the RIPTE (Taxable Remuneration of Stable Workers), whose monthly series begins in July 1994.
The RIPTE is calculated on the basis of the average salary subject to contributions to the Argentine Integrated Social Security System (SIPA) received by employees in a dependent relationship and which have been declared continuously in the last 13 months.
in April, the gross salary (without discount) with contributions averaged $ 128,406.32according to official data based on the amounts declared by the companies to the Social Security.
A year ago, it was $ 80,501.97. Represents an increase of 59.5% increase in the consumer price index of more than 58%.
Since it is the gross salary, to determine living income, at $ 121,220.45, the discount for the worker’s pension and health contribution (17%) would have to be deducted and possibly added to the family salary per child.
In recent years (2018/2019) the RIPTE has fallen by 18% against inflation and in 2020/2021 with ups and downs it accompanied inflation but at the end of 2019 there was no recovery in the report.
In total, employees in a dependent relationship with contributions to ANSES amount to approximately 7.5 million, approximately 75% of the nearly 10 million employees in a registered employee relationship. The rest contributes to the provincial savings banks or other schemes.
These 10 million, in turn, they account for half of all formal and informal jobs in the country (Monotributors, self-employed, wage-earners without pension reduction and informal self-employed workers).
As a wage index, the RIPTE is used every three months (March, June, September, December) to fix half the percentage of mobility for retirement, pensions and other social benefits and in the calculation of compensation for accidents at work.
It is also used to update the minimum non-taxable income tax annually and to update the “floor” salary, initially $ 150,000 and now $ 225,937, to be exempt from paying that tax. This week, MPs are discussing raising it to $ 280,792. It is also used to update the family income ceiling once a year to collect family allowances. And every three months the monthly fee that employers pay to the Health Fund for COVID insurance.
YN
Ishmael Bermudez
Source: Clarin
