The Executive Branch authorized the payment of benefits worth $2,868 for those who receive minimum amounts.
He Social Security Bank (BPS) will deliver a year-end basket worth 2,868 pesos to the retired and pensioners who receive minimum amounts, as defined by the Executive power.
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The payment of the benefit will correspond to the benefits of November, so it will become effective during the first half of December. The government specified that the payment method will be the same as where the beneficiaries usually collect.


Retirees and pensioners with higher incomes will be excluded from this additional payment. minimum retirement which is 17,837 pesos, as well as those who are not residents of the country and those who receive other benefits.
In the resolution, the Executive considered it “essential” to establish concrete measures in socioeconomic policies and considered it “necessary” to grant certain benefits to the most vulnerable sectors “for a better enjoyment of the traditional end-of-year festivities that are approaching.”
The requirements to receive the basket
When defining the income level, the B.P.S. It will not take into account family allowances, old-age benefits or unemployment benefits if the beneficiary was laid off, while those who have previously received this payment will see the deposit made automatically.
Pensioners under 65 years of age and those who are part of households with incomes higher than the established minimums will also not qualify for the basket.
It is worth noting that those who request to receive the basket for the first time will have to present a sworn declaration before the B.P.S. to demonstrate that they belong to households with an average income of less than 17,837 pesos, while the agency will proceed to evaluate the declarations.
Last year there were about 150,000 retired low-income people who benefited from the additional payment, which was implemented for the first time in 2008, through a voucher for the purchase of food.
Source: Ambito