As of December 1st, retirees and pensioners will begin to collect a have a minimum of 160,713 pesosresult of the application of the Mobility Law corresponding to the fourth and last annual increase (which will be 20.87 percent) and the granting of a reinforcement of 55.000 pesos for those who receive the minimum, which was reported on Friday by Anses. That translates into a benefit for 73 percent of the holders, that is, 5.5 million people, according to official figures. In turn, due to the receipt of the half bonus, next month those who have a minimum salary will receive a payment of 213,569 pesos.
The minimum retirement will have had, in this way, a 167 percent increase between December 2023 and December 2022, “standing above the inflation of the period,” they reported from Anses. This is largely due to the delivery of bonuses as a measure of solidarity and equity, while the increases granted exclusively by the Mobility formula were 17.04 percent in March, 20.92 percent in June 23, 29 percent in September and the latter 20.87 percent in December.
“With this last increase, the acceleration of prices that may occur at the end of the year is contemplated,” he added. Luciano Russo of the Department of Political Economy of the CCC.
While the Minister of Economy and candidate for President, Sergio MassaOn Friday afternoon, he shared a meeting with retirees at the “Buena Onda” Center of Esteban Echeverría’s party and maintained that they are analyzing extend the bonus to January and Februarywith a payment of 75,000 and another of 60,000 pesos.
In addition, Anses announced that if the person who earns the minimum has PAMI, they will also collect in December the 15,000 pesos corresponding to the Food Reinforcement of that social work. While retirees who receive the minimum and retired with 30 years of effective contributions (without moratoriums or Payment Plan) will receive the complement at 82 percent of the Minimum Living and Mobile Wage (SMVM), which will be 22,207 pesos, and In this way they will begin to perceive 182.920 pesos.
“Today we have 3 minimum retirements: The PUAM (Universal Pension for the Elderly) that pays 80 percent of the minimum salary, a minimum retirement that pays 82 percent of the SMVM for those who have contributed 30 years of service and a third minimum retirement, for those who have used some of the retirement inclusion plans, which he popularized as the ‘Housewife Retirements’ but which are used by both men and women,” he commented. Facundo Fernández Pastor a Page 12. “It would be undoubtedly social justice if the next government ended such discrimination between first-, second- and third-class retirees,” he concluded. Of the three categories of minimum retirements, the last two will receive the bonus that will help them reach the 160.713 pesos.
On the other hand, the Mobility Law It not only impacts older adults but also determines the adjustment of universal and family allowances: AUH, AAFF, AxE, among others. In short, mobility will impact more than 17 million Argentines, of which 7.5 million are retirees and pensioners. The Universal Allowance for Daughter and Son (AUH) and the Pregnancy Allowance (AxE) will become 20.661 pesos starting in December, they reported from Anses. Likewise, the increase will impact the Family Allowances (AAFF) for prenatal, birth, adoption, marriage, spouse and the milk supplement of the 1,000 Days Law. “They improve allocations, which reach the most vulnerable sectors, and generate important coverage in Children and early childhood,” Russo acknowledged.
The Retirement Mobility formula since March 2021 contemplates the sum of 50 percent of the quarterly increase in Anses collection and 50 percent for the salary variation in the same period, which can be measured by the Salary Index or RIPTE. “That formula was repealed during the Macri administration and was largely responsible for the loss of 20.5 percent of salaries between 2017 and 2019”, señaló Fernández Partor.
At the meeting in Esteban Echeverría Massa recalled that he worked both on the dissolution of the AFJP system and on the design of the first pension moratorium in 2005, “In Argentina there are still 20,000 AFJP retirees who earn between 5,000 and 20,000 pesos per month”, he said by way of raising awareness. “No to the cuts, no to the removal of free medicines, not to the return of the AFJP but a stronger retirement system that allows them to live better,” she concluded.
