The three bonds, of 7 thousand pesos each, will be collected in September, October and November and thus an anti-inflationary bridge will be built to reach December when it will be known how much the new increase in pensions will be.
With these increases, starting in September the minimum pension will go from 37,525 pesos to 50,353 pesos.
Thus, the minimum pension will increase so far this year by 73.3 percent, 7.9 percentage points above inflation.
“As of September, no pension will be below 50,000 pesos. With this announcement, we also guarantee predictability for the remainder of the year and continue to protect the income of Argentine families,” Raverta said.
“We are taking another step to protect retirees and retirees. With this measure, we accompany those who need it most and we do so by maintaining order in the accounts due to the increase in collection that represents the advance of Earnings,” added Massa.
This is the seventh increase granted through Mobility Law 27,609 and the third in 2022. In this way, The Universal Allowance for Daughter and Son will become 8,471 pesos. And the Pregnancy Allowance, Prenatal Allowance, Birth Allowance, Adoption Allowance, Marriage and Spouse Allowance are also updated.