PGU: these are the 5 reasons why you could stop receiving the Universal Guaranteed Pension
The Universal Guaranteed Pension (PGU) is one of the main economic subsidies for older adults in Chile. However, there are certain circumstances in which this benefit may be suspended. The PGU, which replaces the Basic Solidarity Old-Age Pension and the Solidarity Pension Contribution, delivers $214,000 per month to those who meet the established requirements. Although this help is of great relevance for many, it is important to take into account the reasons that may lead to stopping receiving it.
One of the reasons why you could lose access to the PGU is if you do not collect the benefit for six consecutive months. If a beneficiary does not withdraw the corresponding money in that period, the Social Security Institute (IPS) can suspend the pay. This period is considered a prudent time for the user to use their pension.
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