Overview
- Interim president Delcy Rodríguez announced Thursday that the monthly floor known as the integrated minimum income will now be about $240.
- The package lifts pensions to $70 and takes effect with retroactive pay from April 30, and the government urged private employers to match the new floor where pay is lower.
- The $240 total combines salary with government bonuses delivered through the Sistema Patria platform, and the legal minimum wage frozen at 130 bolívares since 2022 was not raised.
- Because these bonuses do not count toward severance and other benefits, labor groups and economists warn the boost still falls short of a true wage increase with full legal coverage.
- Analysts note the new amount covers only part of living costs, citing private estimates that a basic family food basket exceeded $600 to $700 in March, and opposition figures say the plan fails to fix pay and protections despite a promised Professional Recognition Bonus for strategic sectors.