The Social Security Institute (IPS) offers significant financial support to the relatives of pensioners who have passed away, with the aim of helping to cover funeral expenses in these difficult times. This bond Known as Death Allowance, it can reach up to $966,885 and is available to those who meet certain requirements.
The requirements
The person requesting the bond The person who has taken care of the deceased pensioner’s funeral expenses must also meet certain requirements regarding his or her affiliation to the pension system, since he or she must not have been enrolled in the system governed by Legislative Decree (DL) No. 3,500 at the time of his or her death.
Among the essential requirements to obtain this subsidy, is that the deceased was a recipient of the Solidarity Pension Contribution for the Elderly (APSV) or the Basic Solidarity Pension for the Elderly (PBSV). That is, it is necessary that the pensioner received his pension before the implementation of the Guaranteed Universal Pension (PGU) in February 2022. In the case of those pensioners who were receiving the PGU at the time of their death, the bond The amount to which their relatives are entitled is known as the funeral portion, and its amount is calculated at 15 Unidades de Fomento (UF).
Other groups that can also access this subsidy are pensioners who received the Basic Solidarity Disability Pension (PBSI) or who received a Survivor’s pension. It is also possible to apply for the bond if the deceased had at least one contribution to one of the old pension funds during the six months prior to his death. This increases the possibilities for more families to receive the subsidy in situations of loss, providing financial relief in difficult times.
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In addition, those pensioners who received a Disability Benefit, Unemployment Benefit or Disability Benefit are also eligible for this benefit. bondwhich means that the IPS has designed this aid to reach a broad spectrum of the population, taking into account different pension and employment situations.
Relatives must enter the IPS website and access the “Death Benefit Request” option. Then, enter the RUT of the deceased elderly person and, using the Unique Key, complete the personal data and that of the funeral home in charge. It is important to attach the original invoice for the funeral services, as well as the burial certificate, to ensure that all the required documents are in order and can move forward with the request for the benefit. bond.
