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August 22, 2024
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$432,000 Bonus: Who can receive this IPS subsidy with only 1 requirement

$432,000 Bonus: Who can receive this IPS subsidy with only 1 requirement

The Social Security Institute (IPS) offers a variety of state subsidies in Chile, aimed at improving the quality of life of the most vulnerable population. Among these, the Bond Protection Bonus, also known as the Housewife Bonus, which has as its main objective to provide sustained economic support to women who are part of the most vulnerable 60% of society.

The subsidy

This bondThe total amount of the benefit, which amounts to $432,000, is distributed over two years, with monthly payments ranging from $20,000 to $22,000, depending on the stage of the benefit period. The highest amount is granted at the beginning of the payment period and is gradually reduced as the benefit delivery period progresses.



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