The Guaranteed Minimum Income is an economic aid for dependent workers with ordinary working hours, that is, greater than 30 hours and with a limit of 45.

© UNO AgencyWhat is the date of payment of the Guaranteed Minimum Income and when do they deposit the monthly amount?

The Guaranteed Minimum Income is an economic aid for dependent workers with ordinary working hours, that is, greater than 30 hours and with a limit of 45.

Its objective is to guarantee a minimum wage to workers who receive less than $ 421,250 thousand gross monthly downwards.

You do not need any document to apply; Nevertheless, Your employment contract or additional documentation may be requested after your application.

Guaranteed Minimum Income | What is the payment date and when do they deposit the amount for the month?

The also known as IMG Bonus will be paid in the last five business days of the month following the application.

You can see more information on the official page of the benefit or by doing CLICK HERE.

Where do they pay it?

The subsidy is paid in the bank account that you indicate or in person at the BancoEstado and ServiEstado branches (Does not include Neighboring Savings Banks).

If you do not have a bank account, for example, a CuentaRut or an account or checking account, you can request the creation of a CuentaRut of the BancoEstado in the same application form, so that we can deposit the benefit.

How much is the amount of the Guaranteed Minimum Income benefit?

To calculate the amount of the IMG subsidy, it is made based on the gross monthly remuneration of your ordinary-time contract and your weekly working hours agreed in said contract.

“The gross monthly remuneration is obtained through administrative bases of the State and your weekly working hours are obtained through your application form, information that is verified with the administrative bases available”, reads the bond’s website.

In addition, if you provided services for a period of less than one month, the subsidy will be paid to you in proportion to the full days actually worked.

Finally, if your workday is less than 45 and more than 30 hours of work per week, the monthly amount of the subsidy will be calculated in proportion to the hours worked according to the contract.

You can see the amounts in the following image:

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