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The Pensions SupervisorWelcome to the website of the Chilean Pensions Supervisor. We are the technical authority responsible for the supervision
and control of the institutions involved in the Chilean Pension System: · The Institute of Social Security (IPS), the public
entity in charge of managing the system of Solidarity Pensions created by law 20.255 of 2008 and the contributory pensions
deriving from the old pension system (pre-1981 reform); · Pension Fund Managers (AFP), the private institutions responsible
for collecting social security contributions, managing Pension Funds and providing and administering the benefits set out
in D.L. 3.500, the body of law that regulates them; · Unemployment Funds Manager (AFC), a private institution selected through
an open public auction to manage the individual capitalization-based Unemployment Insurance system, created in 2002 to provide
unemployment benefits financed by individuals' savings and a Solidarity Fund. We are also responsible for supervising the
Medical Commissions in charge of the disability qualification necessary to opt for a disability pension in either the private
or solidarity pension system.
To learn more about our pension system, we strongly recommend you to read the English version of the book "The Chilean Pension System", which includes an historic overview of the reform process that created the first mandatory individual capitalization system, a detailed description of the participants, the regulation, the industry and the benefits provided, together with a discussion of the most recent reforms. The Pensions Supervisor runs a Working Paper Series and a Technical Notes Series, where we publish research done by professionals of its Research Division, as well as work from outside researchers. Some of these articles have been entirely written in English or an English abstract is provided. The rest of the website is written in Spanish, but we provide herein a brief overview of its content. Over time, we expect to incorporate additional English material for our foreign visitors. If you would like to receive an e-mail when new English material is added to this page, please write a e-mail to: documentosdetrabajo@safp.cl |
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