Today: November 6, 2024
November 6, 2024
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Bonus of more than $200,000: who are the older adults who can receive this IPS subsidy in November

Senior Citizens: Who can receive $128,000 per month for life in Chile

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.



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