The Universal Guaranteed Pension (PGU) is a fundamental pillar of the economic support system for older adults in Chile. With an amount of $214,296 per month, this benefit is designed to provide a basic income to those who have reached the age of 65, whether or not they have a pension. Administered by the Social Security Institute (IPS), the PGU is a vital resource that seeks to improve the quality of life of beneficiaries during old age.
However, it is important to note that this benefit is not unconditional, and there are circumstances in which the IPS may suspend the payment of the PGU. The suspension is based on the fulfillment or non-fulfillment of certain requirements established by the agency. These conditions are designed to ensure that the benefit is delivered to those who really need it and that they comply with current regulations.
One of the main reasons for the suspension of the PGU This is the non-payment of the benefit for a period of six consecutive months. If a beneficiary stops withdrawing his or her pension during this time, the IPS has the power to stop payments, interpreting this inactivity as a possible sign that the beneficiary no longer needs or can no longer access the benefit. This measure seeks to ensure that public funds are used efficiently and that they reach those who are really using them.
Another common cause of suspension is failure to submit the documentation required to prove compliance with the requirements. requirements of the PGU. The IPS may ask beneficiaries to submit certain documents to verify that they still meet the conditions to receive the pension. If this documentation is not submitted within three months of the request, the payment of the benefit is suspended until the situation is regularized.
In case the PGU Once the benefit has been suspended, there are mechanisms to reactivate the benefit. If the suspension was due to non-payment, the beneficiary can request reactivation directly at an IPS office, demonstrating his or her intention to continue receiving the contribution. On the other hand, if the suspension was due to failure to submit documentation, the beneficiary has up to six months after the suspension to submit the required documents and thus resume payments.
