As 2024 draws to a close, positive news for pensioners in Chile raises expectations. It is about the Christmas Bonus for Pensionersan economic benefit granted by the State that aims to provide additional financial relief during the December holidays. For many retirees, this bonus represents key help to celebrate Christmas with their loved ones and cover expenses during this time without extra financial pressures.
This bonus It is an amount that is delivered without deductions, allowing pensioners to receive the entire benefit. In 2024, the amount established by the Ministry of Finance will be $27,884, which represents an increase of $1,150 compared to the previous year, when the bonus was $26,734. In addition, this increase seeks to compensate for the effects of inflation and provide a contribution that improves the economic situation of older adults in the country.
The pensioners from various institutions and programs will be eligible for this Christmas bonus, as long as they meet the requirements established as of November 30, a date that is usually considered the cut-off date to be a beneficiary. Among those who can access this contribution are pensioners from the Social Security Institute (IPS), those who receive the Universal Guaranteed Pension or the Basic Solidarity Pension, as well as beneficiaries from Dipreca, Capredena, and other institutions. This measure also includes retirees who receive disability subsidies, special compensation and pensions under specific laws.
Another relevant aspect is that the pensioners With accredited beneficiaries of Family Allowance or Maternal Allowance, their bonus will be increased. In these cases, the amount of the bonus will increase by an additional $15,753 for each registered deceased. Thus, for example, a pensioner with two parents could receive a total of $59,390, which constitutes considerable support for those who have dependent family members.
The Ministry of Finance has projected that the bonus will begin to be paid as of December 1 for IPS pensioners, jointly with the monthly pension. For the retired From AFP, the date of payment of the bonus will depend on each administrator, but it is ensured that all beneficiaries will receive it before December 25, allowing them to have this contribution in time to plan their end-of-year celebrations.