This April, the Chilean government is launching its schedule of cash transfers aimed at supporting vulnerable households, students, and seniors across the country.
These payments range from the Universal Guaranteed Pension (PGU) to specific subsidies for workers and families facing social risk.
Details of Available Benefits
The Universal Guaranteed Pension (PGU) remains a cornerstone of this payment cycle. Managed by the Social Security Institute (IPS), this benefit provides up to $231,732 per month to individuals aged 65 and older.
The amount is adjusted based on the recipient's base pension. Those receiving less than $789,139 receive the maximum amount, while the contribution decreases progressively and ceases once the base pension reaches $1,252,602.
In the education sector, the School Attendance Bonus provides $10,000 monthly for a two-year period. This initiative aims to encourage in-person attendance for students aged 6 to 18 who are part of the "Chile Seguridades y Oportunidades" program.
To qualify, students must maintain a monthly attendance rate of at least 85% in state-recognized schools. The total accumulated value of this benefit reaches $240,000 at the end of the two-year period.
Working women and heads of households will also receive payments through the Women’s Work Bonus. The amount varies based on monthly income, with payments reaching up to $44,157 for the lowest income brackets.
Additionally, the Family Allowance continues to provide support for each registered dependent for both employees and independent workers. The amount per dependent ranges from $4,267 to $22,007, depending directly on the recipient's income level.
Finally, the Family Subsidy (SUF) is targeted at the most vulnerable 60% of the population without social security coverage. This benefit provides $22,001 per dependent, a figure that doubles to $44,014 if the beneficiary has a disability.