Teachers’ pensions: what is the increase they should receive in September

After 6 months in which the assets remained unchanged –after an increase in March of 9.38% – in September and with a range until February 2023, the 163,833 retired teachers will receive a 40% increase, as estimated by social security.

Without considering the inter-six month loss, they will accumulate over 12 months, from March 2022 to February 2023, an increase of 53.2%, well below the annual inflation which is expected to be around 90/100%.

This huge loss of assets explains why The teacher’s social security system provides for half-yearly increases in the months of March and September. With increases every 6 months, amidst monthly inflation of between 5 and 7%, the loss of income is very high.

For this reason, Due to very high inflation, part of the March 2022 increase was brought forward to December last year and the same pattern was expected to repeat itself in June, with a quarterly increase as far as they would go in September.

But there was no advance and this August retired teachers are collecting their salaries at the same values ​​as in March. And in September they start charging 40%, which does not replace the previous loss nor the one they will have to face until February next year.

With these inflation levels and the 40% increase since September, end-to-end this year, the real decline in these assets could be more than 25%, unless a further increase is allowed. or quarterly increases are not applied, as the teachers’ union claims.

This loss is on top of what they have had in the previous 4 years.

The sequence was:

• In 2018, retired teachers received two increases for a total of 22.3%compared to an inflation of 47.6%, a drop of 17.1%.
• In 2019 the increase was 49.3% and inflation of 53.8%. A loss of 2.9%.
• In 2020 there was a partial recovery: the increase in teachers was 40.8% against an inflation of 36.1%, an improvement of 3.4%.
• In 2021, with the advance of December, the increase was 50.6% against an inflation of 50.9%. A drop of 0.3 points.
• In 2022: in December the loss could be 25%.

The differentiated increases for teachers are due to the fact that the sector pension law provides that active workers contribute two points more (13% of the salary) and they retire with 82% of furniture corresponding to the position they had in business.

To determine the increases for pensioners, the Social Secretariat calculates the six-monthly change in the salaries of active teachers with contributions to ANSES, the so-called “Average Teacher Taxable Remuneration” (RIPDOC).

In this way, retired teachers accompany the loss of active teachers to a greater extent.

For teacher retirement, 82% of mobile devices apply. Women retire at 57 and men at 60. if they had at least been in front of the students for 10 years.

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