Pensión Básica Solidaria, PBS (Basic Solidarity Pension)
Basic Information
Country
Geographic area
Institutions and agencies involved
Population group
Elderly persons, Persons with disabilities
Programme Details
Programme objectives
The Basic Solidarity Pension, which was introduced as a result of social security reform of 2008 together with Solidarity Pension Contribution for old age and disability, is given to the elderly with higher levels of social vulnerability. The beneficiaries are all individuals who are not entitled to a pension under a pension system and meet the requirements set by law. It is also a component of Chile Solidario.
Programme components
i) Pensión básica solidaria de vejez (Basic Solidarity Pension for the elderly )
ii) Pensión básica solidaria de invalidez (Basic Solidarity Pension for the Disabled)
Coverage
Total Effective:581456 (2017)
Elderly as % of population 60+: 13,8% (2017)
Programme expenditure
US$: 1,248,402,552.046 (2018)
GDP: 0,42% (2018)
Targeting and eligiblity
Targeting methods
Target groups
Eligibility criteria
Adults older than 65 years old who do not receive contributory pensions and individuals with physical and mental disabilities aged between 18 and 65. Must meet a minimum of 20 years living in Chile and belong to the first three income quintiles.
Adults over 65 years of age without pension rights: This type of pension is only compatible with the pensions granted according to Law No. 8056 (grace), 19,123 and 19,980 (Rettig Law), 19.234 (exempt) and 19 992 (Valech Law), as long as these are below the PBS (in which case the amount of the benefit will be obtained by subtracting the pensions received by the applicant of the above mentioned law of the basic elderly pension).
Adults between 18 and 65 years of age with physical and /or mental disabilities:The Basic Solidarity Pension for people with disability is incompatible with any other pension of any other pension system.
Coverage and other information
Amount of benefits
Adults over 65 years of age without pension rights: From July 1st, 2015: Ch$ 89.764 monthly.
Adults between 18 and 65 years of age with physical and /or mental disabilities.: From July 1st, 2015: Ch$ 89.764 monthly.
Payment/delivery frequency
Benefit delivery mechanism
Benefit recipients
Monitoring and evaluation mechanisms and frequency
Legal Framework
MIS
Instrument of selection: Social Protection Record (FPS)
