How Silvina Batakis’ Ads Could Affect Retirees and Vulnerable Sectors

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How Silvina Batakis' Ads Could Affect Retirees and Vulnerable Sectors

The government was considering granting a new income boost in August to the most vulnerable sectors. Now what will happen. Photo: Orlando Pelicotti / The Andes

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Retirees, retirees and vulnerable sectors may be affected by Minister Silvina Batakis’ decision to centralize all state savings banks and that the budgetary share of each institution is limited to the availability of Box?

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Because of the trigger of inflation, in the government they were considering granting a new revenue boost in August to the 13.6 million people who received $ 18,000 during the second quarter of this year.

That’s the increase in revenue it was an extraordinary bonus received by the lowest-income sectors, which, according to the Government, it should not be repeated because inflation would slow down in the second half of the year.

However, inflation has risen again. Due to the price observations these days in July, the the minimum inflation is 7/8%with projections for the second half higher than the first half, with a sharp decline in the purchasing power of pensioners and vulnerable sectors.

Would retired national teachers continue with their salary without increase until September?

The 166,000 retired national teachers received an increase of 9.38% in March and, having a special scheme with half-yearly increases, they are expected to wait until September to receive the next increase, accumulating a loss to that date of more than this year. 30%.

Kirchnerist deputies, for Hugo Yasky, presented a draft resolution asking the executive power that the mobility index of retired teachers applied quarterly, retroactive to June. Martin Guzmán has not even considered approving this provision and that is why in July retired teachers will receive the same they have been receiving since March, having to wait until September to receive the next raise.

The government will extend the moratorium on women which expires on 23 July Until when Congress approves the Senator-sanctioned “Social Security Debt Payment” program? And if Congress approves it, will the Executive Power issue it?

is at stakein the next few months alone, the retirement of over half a million women that without this moratorium they will not be able to retire because, between unemployment and informality, they do not respect 30 years of contributions.

The maximum monthly income that entitles registered workers to receive family allowances is exceeded. This means that many workers are losing, for example, the family wage per child. Will it be updated or will inflation itself / wage adjustments result in more workers not receiving this benefit?

Martín Guzmán had “boxed” all these measures due to commitments with the IMF. In Monday’s press conference, Minister Batakis was more explicit in relation to public spending and in compliance with what was agreed with the IMF, which insists that the government does not take extra measures on social spending and pensions, beyond what emerges from the mobility formula.

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Source: Clarin

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