Older adults: find out the complete list of requirements to apply to the PGU
The rising cost of living in Chili It has made people increasingly interested in the different state financial aid. One of them is the Pension Universal Guarantee (PGU), one of the most popular benefits among the elderly. This benefit reinforces the Solidarity Pillar and therefore the current Mixed Pension System, seeking to improve both current and future pensions.
This with the purpose of supporting people who during their working life had periods without contributions (social security gaps) or informal jobs, for which reason they could not contribute permanently. The Pension Guaranteed Universal (PGU) is a benefit that provides a monthly payment of more than $200,000 pesos to people over 65 years of age. This regardless of whether they are pensioners or not.
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