Hours after the Senate approved the new formula for increasing pensions and the confirmation that the project will be vetoed by Javier Milei, the Government announced the Minimum and maximum income that retirees will receivestarting in September.
They will increase by 4.03%according to the July inflation index reported this month by INDEC, as well as the Universal Child Allowances (AUH) and family allowances that are received by registered employees and self-employed workers.
Article 1 of Resolution 588/2024 of the National Social Security Administration (Anses), signed by the executive director of that organization, Mariano de los Heros, establishes that The minimum pension for retirees will be $234,540.23. Meanwhile, according to article 2 of that regulation, The maximum amount will be $1,578,233.72.
Las minimum and maximum taxable bases meanwhile, were established in $78.993,11 y $2.567.238,86respectively, from the period accrued in September 2024.
The document further established that the amount of the Universal Basic Benefit (PBU) provided for in Article 19 of Law No. 24,241, will be $187,632.18 from that same month, while the Universal Pension for Older Adults (PUAM) will rise to $187.632,18.
It is estimated that retirees and pensioners will continue to receive the bonus of up to $70,000, without changes, although there has not yet been an official notification in this regard.
If this is confirmed, the value of the bonus will continue to be diluted and its income will be adjusted below inflation. Instead of integrating the bonus into current salaries, the Government insists on keeping it separate and frozen as a non-remunerative reinforcement until inflation ends up reducing it to a minimum proportion and at a certain point it is definitively cancelled.
The new values of the AUH and Family Allowances from September
In parallel, the Government extended the 4.03% increase, since September, to beneficiaries of the Universal Child Allowance and Family Allowances, through Resolution 587/2024.
Starting next month, the AUH-related salaries will increase to $84,275. For those residing in the districts of Zone 1 of the Argentine Republic, the amount will reach $109,558. These same amounts will apply to the pregnancy allowance for social protection.
As for the allocation for children with disabilities, it will increase to $274,422 and $356,749 for residents in Zone 1, while the Annual School Aid will be $112,251 for all beneficiaries.
Meanwhile, the Birth Allowance will be $49,117, the Adoption Allowance will increase to $293,705, the Marriage Allowance will rise to $73,549, provided that the General Family Income (IGF) does not exceed $3,455,376, and the Prenatal Allowance will rise to $42,138, with variations based on family income, descending to $8,864. For workers with temporary employment, the amount will be $84,275.
The Government’s resolution also establishes that family groups whose income exceeds $1,727,688 will not be able to access family allowances or the Universal Child Allowance (AUH).