Indexed comprehensive minimum wage in times of economic war protects retirees and pensioners

The Executive Vice President of the Bolivarian Republic of Venezuela, Delcy Rodríguez, in an interview for the Conexión Global program, broadcast by Telesur, highlighted that the new integral indexed minimum vital income will be equivalent to 100 dollars for active employees, 70 dollars for retirees and 25 dollars for pensioners, which will get to 30 dollars with the bonuses assigned by the State.

Likewise, she maintained that this workers’ income policy was also accompanied by exchange stability; a really very important number. In addition, it was learned that with these policies promoted by the Venezuelan State, more than five million pensioners will enjoy a new minimum vital income.

In the area precisely of remuneration, of workers’ income, “which was where the social wound hurt the most, especially among the most vulnerable, last year we came out with a bold formula, presented by President Nicolás Maduro to the workers of our country, and said: We are going with an indexation process, which means that the increase given to workers via income, composed of its different aspects, does not lose value; than the 70 dollars that the head of state approved last year, composed of 40 dollars for cestaticket (alimentation bonus) and 30 dollars for the Economic War Bonus, and that was also accompanied by an inflation control policy, where we sought to reduce it,” she said.

She added that 2023 was the year of greatest stability in the increase of the dollar, if we compare it since the creation of the exchange market in 2019, you realize that the variation in 2019 was 7,188%, and last year It was 205%, a straight line that speaks of stability, which also translates into price stability.

She highlighted that President Maduro, “always looks for ways to protect, to support the workers, to support his class; because he does not come from the oligarchy, the president has worked his entire life.”