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AMEND ACT N ° 18.987 AND READJUST FAMILY ALLOWANCE

Original Language Title: MODIFICA LEY N° 18.987 Y REAJUSTA SUBSIDIO FAMILIAR

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Bearing in mind that the National Congress has given its approval to the following Draft Law: " Article 1.-Replace the first paragraph of Article 1 of Law No 18.987, by the following: " Article 1 °.-At 1 ° July 1992, the family and maternal allowances of the Single System of Family Prstations, regulated by the decree with force of Law No. 150, 1981, of the Ministry of Labor and Social Welfare, will have the following values, according to the beneficiary's monthly income: a) $1,550 per charge, for those benefits whose monthly income does not exceed $100,000.-; b) $552 per charge for those beneficiaries whose monthly income exceeds $100,000 and does not exceed $250,000.-, and c) People who have accredited or who credit family charges and whose monthly income is greater than $250,000, will not be entitled to the allocations mentioned in this article. Without prejudice to the foregoing, contracts, agreements or other instruments which provide benefits for such workers shall remain in full force; such members and their respective persons shall maintain their quality of such benefits for the other purposes. which in law correspond. '; Article 2 (2)-Introduces, as from 1 July 1992, the following amendments to Article 2 (2) of Law No 18.987; 1.-Replace your point first by the following: " Article 2 °.-For the purposes of the provisions of the foregoing Article, the average monthly income shall be the average of the remuneration, the income of the independent worker and/or the allowance, or the pension, if any, accrued by the beneficiary during the six months of January and June, both inclusive, immediately preceding the one in which the allocation is due, provided that the earned income at least for thirty days. In the event that the beneficiary has more than one source of income, all of them shall be considered. "2.-Replace your second indent by the following:" In the event that the beneficiary does not record income in all the months of the respective semester, the The average number will be determined by dividing the total income of the period by the number of months in which it registers income. "3.-In the third indent, remove the final sentence, which begins with the expressions" In this case " and ends with the words "for thirty." Article 3.-Set at $1,550, at 1 ° July 1992, the value of the family allowance provided for in Article 1 of Law No 18.020. Article 4 °.-The President of the Republic should be empowered to, in 1992, by means of one or more decrees issued through the Ministry of Labor and Social Security, which must also be carried out by the signatures of the Ministers of Hacienda y del Interior, authorize the municipalities to determine to grant, during 1992, up to a total of one hundred thousand new family allowances to persons of scarce resources of those who have been established in accordance with the laws N ° s. 18.020 and 18.611. The maximum number of additional benefits that the respective municipality may grant shall be fixed in the said decrees or decrees. In the granting of the new subsidies referred to in this law, the modalities established by the laws referred to in the preceding paragraph shall be governed, in so far as it is relevant. Article 5 °.-The greatest fiscal expenditure that represents, during the year 1992, the application of this law, will be financed by transfers of item 50-01-03-25-33.104 of the budget item Treasury of the current budget. " And because I have had to approve and sanction it; therefore, promulgate and take effect as the Law of the Republic. Santiago, 10 July 1992.-PATRICIO AYLWIN AZOCAR, President of the Republic.-René Cortazar Sanz, Minister of Labour and Social Welfare.-Alejandro Foxley Rioseco, Minister of Finance. What I transcribe to you for your knowledge.-Salute attentively to you-Martin Manterola Urzúa, Under-Secretary of Social Security.