2023-11-01 21:44:45
The Minister of Economy and presidential candidate of Unión por la Patria, Sergio Massa, and the executive director of the National Social Security Administration (Anses), Fernanda Raverta, announced an increase of up to 150% in the amount of credits that offers the organism.
In a joint press conference, it was stated that starting next Monday the maximum amount for retirees and pensioners will go from $400,000 to $600,000 and for workers in a dependency relationship up to $1,000,000.
In this framework, Massa highlighted the importance of having eliminated the payment of Earnings of the so-called “Fourth Category” for workers in a dependency relationship, since, in addition to its impact on purchasing power, it will also have it in the “employment program.” credits”, to which more people can now access.
For its part, Raverta specified that retirees and workers who had already requested a loan within the framework of this program will be able to do so again virtually, while retirees who apply for the first time “will have to go to the office (of the Anses) with a previous shift”.
Workers in a dependency relationship with salaries of up to $1,980,000 (Income Tax floor that applies from today) will be able to request a loan of up to $1 million, with an Annual Nominal Rate (TNA) of 50 percent, in 24, 36 or 48 installments, the amount of which will be deposited on the credit card associated with the applicant’s salary account.
The first installment will be deducted 3 months after receiving the loan.
The new amount implies an increase of 150% compared to the $400,000 that currently applies and it is estimated that it could reach more than 5.4 million people who would meet the requirements.
Retirees and pensioners of the Argentine Integrated Pension System (SIPA) will be able to access loans of up to $600,000 and holders of Non-Contributory Pensions (PNC) and PUAM, up to $250,000, with a TNA of 29%, which means one third of what is offered on the market, and choose to return it in up to 24, 36 or 48 installments.
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