Bonus of almost 1 million pesos: who can receive this subsidy in Chile

The Social Security Institute (IPS) has implemented the Assignment for Death, a financial benefit of $966,885 intended for those who have lost a family member who was a beneficiary of the entity. This contribution is designed to alleviate the financial impact of funeral costs, providing support to families in such difficult times.

To access this benefitit is essential that the applicant assumes the funeral expenses of the deceased. The person who died must have been a beneficiary of the IPS and not register affiliation to a pension system regulated by Decree Law (DL) No. 3,500 at the time of death. Additionally, the deceased must meet at least one of the following conditions: having been a beneficiary of the Basic Solidarity Pension for Old Age (PBSV) or the Solidarity Pension for Old Age (APSV), having received a pension for the Basic Solidarity Pension for Disability (PBSI). ), or having had any contributions in the former provident funds within the six months prior to their death.