Program to Strengthen the Chilean Social Security System

The overall objective of the project is to improve the effectiveness of the Chilean pension system (SPC) by supporting the implementation of Law 21.735. The two specific objectives are: (i) to strengthen the operational capacity of the Social Security Institute (IPS) to administer the new Social Security Pension (SSP) and the Universal Guaranteed Pension (PGU); and (ii) to strengthen the technological and analytical capacities of the Superintendency of Pensions (SP) to supervise the new system and inform the public about the reform, its benefits, and their rights..

Project Detail

Country

Chile

Project Number

CH-L1187

Approval Date

Project Status

Preparation

Project Type

Loan Operation

Sector

SOCIAL INVESTMENT

Subsector

PENSIONS & SOCIAL SECURITY

Lending Instrument

Investment Loan

Lending Instrument Code

INV

Modality

LBR (Loan Based on Results)

Facility Type

Environmental and Social Impact Category (ESIC)

Category C: Likely to cause minimal or no negative environmental and associated social impacts

Total Cost

USD 15,000,000.00

Country Counterpart Financing

Original Amount Approved

USD 15,000,000.00

Can’t find a document? Request information

Preparation Phase

https://www.iadb.org/document.cfm?id=EZIDB0003418-634304489-13

Project Profile

CH-L1187 Perfil de Proyecto.pdf

Apr. 24, 2025

Spanish

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