The Law Today

Ministry of Finance published Decree Nº1.578 which extends the term of benefits of the Employment Protection Law and grants the right to additional transfers from the Solidarity Unemployment Fund.

07 Oct 2020

Introduction

On October 5, 2020, Decree No. 1578 was published in the Official Gazette, extending the term of the benefits of the Employment Protection Law and granting the right to additional transfers from the Solidarity Unemployment Fund. In specific terms, the Decree contemplates the following:

1. It extends, from October 6, 2020 and until January 6, 2021, the validity of the benefits of the Employment Protection Law.

2. From October 6, 2020 and until January 6, 2021, up to one tenth of the amount to be paid from the Solidarity Unemployment Fund under Law No. 19.728, is granted to the beneficiaries who, during such period, are entitled to the Employment Protection Law benefits paid from the Solidarity Unemployment Fund. As of the sixth draft, the average percentage of remuneration of these drafts is established at 45%, and the value of the benefits associated to the mentioned drafts is set at $419,757, and a lower value of $225,000.

3. It extends from October 31, 2020 and until January 6, 2021, the validity of the benefits and allowances established in Law No. 21,263, with respect to Law No. 19.728.

Contact

In case you require additional information on this matter, you may contact Alfred Sherman (asherman@jdf.cl) and/or Felipe Ovalle (fovalle@jdf.cl)

JDF