He Social Security Bank (BPS) allocated a total amount of 7,405 million dollars in retirements, allowances and subsidies in Uruguay during 2023, which represents an increase of 3% compared to 2022.
During last year, 290,896 million constant pesos were allocated by the B.P.S. to comply with the different benefits provided by the organization; above all, retirements and pensions for survival, for old age and for disability. Measured in US currency, the figure reached 7,405 million dollars, according to bank data.
The retirements They received most of the money from BPS, a total of 189,401 million constant pesos, equivalent to 4,822 million dollars. This amount has also been growing in recent years—in line with the increase in people accessing retirement—since in 2023 it grew by 3% compared to 2022, while that year the increase was 2% in the comparison. year-on-year.
Also, the average pension It was 32,287 constant pesos each, that is, about 821 dollars.
For their part, the family’s asignations They represented disbursements of 11,203 million constant pesos in 2023—285 million dollars—and implied an increase of 9% compared to 2022.
The benefit, which is intended for children or minors dependent on workers who meet certain conditions, reached 463,595 beneficiaries at the end of the year; and only in December it represented 4% of the money given by the B.P.S. during the last month of the year. Of the 19 departments, none registered large variations from one year to the next.
Assistance subsidies and pensions
In 2023 there was also an increase in the money allocated by the B.P.S. for unemployment benefits: The 12,509 million constant pesos—318 million dollars—represented an increase of 3% compared to 2022.
In any case, the year closed with 42,075 beneficiaries of unemployment benefits, a number 9% lower than that registered in the same month of 2022.
As for the sickness benefit, last year the total amount allocated to this benefit was 9,898 million constant pesos—252 million dollars—for active workers who cannot perform their tasks for medical reasons. This figure is 12% lower than that recorded the previous year — which, in turn, had already fallen by 12% compared to 2021.
By maternity allowanceMeanwhile, the disbursement was 2,138 million constant pesos, about 55 million dollars, which implied just an increase of 2% in the year-on-year comparison.
Regarding welfare pensions and the survivor pensionsthe amounts delivered by the BPS were 14,736 million pesos, equivalent to about 375 million dollars.
Source: Ambito
