A specific group of Universal Guaranteed Pension (PGU) beneficiaries will see a new increase in their payments during the second half of 2026. According to reports from biobiochile.cl, the adjustment will directly benefit pensioners aged 75 and older.
This change in amounts is part of the phased implementation of the Pension Reform approved in 2025. This update process aims to adjust payments based on the age of beneficiaries and fluctuations in the Consumer Price Index (CPI).
Currently, individuals up to age 81 receive $231,732, an increase from the $224,004 paid in January. Following the upcoming adjustment, this group will see their monthly payment rise to $250,275.
Increase Schedule
The rollout of these increases will not happen all at once for all beneficiaries. The reform established that the first group to receive the increase was those aged 82 and older, who are already receiving $250,275.
The next phase in the rollout targets pensioners aged 75 and older. Finally, the update for those over 65 will take effect during 2027.
To qualify for this benefit, seniors must meet specific requirements. According to ChileAtiende, applicants must be at least 65 years old and must not belong to the top 10% wealthiest segment of the population.
Additionally, applicants must prove they have resided in Chile for 20 years—whether continuous or discontinuous—since the age of 20. Furthermore, the base pension cannot exceed $1,252,602.
The application process is not automatic. Interested individuals must start the process through the ChileAtiende portal by entering their RUN (national ID) and date of birth. Other options are also available, including video assistance, calling 101, or visiting in-person branches, AFPs, or municipal offices.