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April 25, 2024
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$20,000 bonus: who can receive this IPS subsidy in Chile during 2024

$20,000 bonus: who can receive this IPS subsidy in Chile during 2024

Among the financial concerns of many families chilean, the Social Security Institute (IPS) has created an important advantage to provide financial support to those who need it most. This is a $20,000 bonus that is part of the Family Allowance, a monthly financial assistance program designed to improve the financial situation of Chilean households.

IPS provides $20,300 to each dependent family if the institution meets certain requirements. This provision adapts to the different incomes and circumstances of families and provides important support for those who meet certain criteria. Certain requirements must be met to take advantage of this bond. Dependent and self-employed people belonging to the pension system, people who receive unemployment or inability to work, pensioners from different pension systems and dependent children by judicial decision receive help.



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