The government announced today the new increase for retirements, pensions and allowances that will apply from December onwards. The increase will be in effect for the next 3 months and is well below inflation for the same period.
The publication of the news was not like other times, which had had the presence of Massa and Fernanda Raverta (head of Anses). Much more concise than on other occasions, the announcement was made through the organization’s social networks with a short video. It highlights that income will increase by 20.87% starting next month, something well below the inflation accumulated between July and September, which is what is taken as a reference and that is even below the provisional calculations, which showed figures close to 27%.
However, this reality is not new but something that has been repeated in the latest asset updates. The calculation, which arises from an average established in Law 27,609 between the collection of Anses and the salary variation, is usually below the price increase. This loss of purchasing power is a reality that has been repeated throughout all these years since its sanction, and that shows that the recovery of what was lost during the Macri regime was never a priority, but rather the opposite: an administration of adjustment.
For this reason, the Government established a policy of bonuses and additional reinforcements focused on lower-income retirements, flattening the retirement scale and harming those who do not receive the bonus because they are above the limit, but at the same time they are very far away. to have a good income. This policy of bonuses and reinforcements (which on this occasion will be $55,000), does nothing more than recognize the delay in salaries compared to inflation, something that is a product of the mobility formula that the government itself promoted and its refusal to include a trigger clause, like the one demanded by the left at the time of its sanction.
NEW INCREASE FOR RETIREMENTS, PENSIONS AND ALLOWANCES IN DECEMBER
➡️ New reinforcement of $55,000 for retirees and pensioners who earn up to a minimum salary.
➡️ Mobility Increase of 20.87% for 17 million retirements, pensions and allowances. pic.twitter.com/968EfGD51b
— ANSES (@ansesgob) November 10, 2023
In these years of government, the Frente de Todos (now Unión por la Patria) never explained why it came promising that the last would be the first but refused to guarantee this clause to establish a floor of increases and that retirements do not continue losing against to inflation.
This new update also has another problem. The current law establishes a cap on the annual increase in pensions so that this does not exceed the evolution of Anses resources by more than 3 points. This limit is the reason why, although the calculations gave a figure close to 27% increase, the increase is set at 20.87%.
In this way, with the increase in mobility the minimum retirement will go from $87.459,76 a $105.713. Adding the reinforcement of $55,000 (planned for 73% of retirees according to Anses) the amount of $160,713 will barely be reached.
The new update, insufficient no matter how you look at it, and the amount of the reinforcement established for December do nothing more than recognize a new blow to pensions and all other income that is governed by the retirement regime: the PUAM (universal pension for the elderly, which is 80% of the minimum salary), and the AUH (universal allowance per child) which will go from $17,093 to $20,661. A new blow that confirms the course of adjustment of the most vulnerable sectors, based on allocating greater resources for debt payments and the roadmap agreed with the IMF.