The Bonus of more than $200,000 delivered by the Social Security Institute (IPS) in Chile is a monthly financial aid intended for older adults through the Universal Guaranteed Pension (PGU). This subsidy seeks to financially support seniors, ensuring an additional income of $214,000 for life for those who meet the necessary requirements.
In order to access this benefit, applicants must meet certain requirements. The first of them is to have a minimum age of 65 years, a condition established to consider the beneficiaries within the target population. In addition, applicants must demonstrate that they do not belong to the richest 10% of the population, a measure that ensures that aid reaches those who face the greatest financial need at this stage of life.
Another requirement to receive the PGU is to prove residence in Chile for at least 20 years, continuous or discontinuous, since the beneficiary turned 20 years old. This criterion allows the benefit to focus on those who have resided most of their lives in the country, strengthening social security for those older adults who have contributed to the development of Chile.
Additionally, the applicant’s base pension amount must be less than a certain maximum limit, which is currently $1,158,355. This criterion seeks to prioritize those who do not have high pensions, offering additional financial support to those who have low or moderate income in their retirement.
There are certain exceptions to the allocation of this bonus. Those who are pensioned in institutions such as the National Defense Pension Fund (Capredena) and the Carabineros Pension Directorate (Dipreca) cannot opt for the PGU, since these organizations have independent pension systems that seek to cover the needs of their families. pensioners.
To apply for the Universal Guaranteed Pension, there are three methods: in person, online and by video call. In the in-person modality, applicants can go to a ChileAtiende branch with their identity card, while in the online option they must enter the IPS portal and complete the form using their Unique Code. If you opt for video care, simply access the ChileAtiende site and request the benefit in front of an advisor, showing your identity card.
