On July 26, 2022, Decree No. 1.089 of the Ministry of Finance (the “Decree”) was published, which determines the amount of the Minimum Monthly Income that will be in effect as from August 1, 2022 for workers under 18 years of age and over 65 years of age and for non-remunerative purposes. In particular, this Decree establishes the following:
a) Effective August 1, 2022, the Minimum Monthly Income shall be $298.391 for workers under 18 years of age and over 65 years of age.
b) As from August 1, 2022, the Minimum Monthly Income for non-remunerative purposes shall be $257.836.
Likewise, as of August 1, 2022, the brackets and amounts of the family and maternity allowance will be as follows:
a) Of $16.418 per beneficiary, for those beneficiaries whose monthly income does not exceed $419.414.
b) $10.075 per beneficiary, for those beneficiaries whose monthly income exceeds $419.414 and does not exceed $612,598.
c) $3.184 per beneficiary load, for those beneficiaries whose monthly income exceeds $612.598 and does not exceed $955.444.
d) Persons who have accredited or who accredit family responsibilities, whose monthly income exceeds $955.444, will not be entitled to the aforementioned allowances.
Finally, the Decree establishes that, as of August 1, 2022, the amount of the family allowance will be $16.418.
Should you require additional information on this matter, you may contact: Alfred Sherman (email@example.com), Gonzalo Aravena (firstname.lastname@example.org), and/or Felipe Ovalle (email@example.com).