The Superintendency of Pensions announced a 3.45% increase in the Universal Guaranteed Pension (PGU) for beneficiaries under 82 years, raising it to $231,732 starting February 1, 2026. This adjustment is based on the 2025 IPC variation and also impacts related pension amounts. Additionally, new taxable ceilings for pension contributions were reported from January.
The Superintendency of Pensions (SP) reported on Friday, January 9, 2026, that under Law No. 21.419, the Universal Guaranteed Pension (PGU) for beneficiaries under 82 years will be adjusted to $231,732 starting February 1, 2026. This amount marks a 3.45% increase from the current $224,004, calculated based on the Consumer Price Index (IPC) variation from January to December 2025, according to the National Institute of Statistics (INE).
The adjustment also raises the Lower Pension—the maximum for 100% PGU access—to $789,139 from $762,822, and the Upper Pension—the limit for receiving PGU—to $1,252,602 from $1,210,828. The SP communicated these measures via an official notice to the Social Security Institute (IPS).
For beneficiaries aged 82 and older, the PGU, which increased to $250,000 in September 2025 under Law No. 21.735, will now reach $250,275, adjusted by a 0.11% IPC from October to December 2025.
Additionally, the pension for children of femicide or femicidal suicide victims will rise to $179,835 from $173,838, using the same 3.45% IPC, benefiting about 195 people.
In parallel, the SP announced 2026 taxable ceilings: 89.9 UF ($3,574,650) for pension, health, and work accident contributions, up 2.1 UF from 87.8 UF. For unemployment insurance, it will be 135.1 UF, rising 3.3 UF from 131.8 UF. These apply to January 2026 wages, payable by February 10 (or 13 electronically), based on a provisional 2.4% variation in the real wages index from November 2024-2025 (INE), regulated by Decree Law No. 3,500 and Law No. 19,728.
In November 2025, 407,861 contributors (6.97%) used the ceiling for pensions and 133,543 (2.62%) for unemployment insurance.
