There are multiple causes that can make you creditor of a pension. Among them are the subsidy for widowhood and financial support for orphans. However, they are not the only ones that exist, since the monetary allowance for the beneficiary’s ascendants, that is, the parents, is also in force.
In this regard, the parents of the pension holders must meet certain requirements to be able to access the remuneration. Find out how much the economic benefit could amount to if you are the father or mother of a deceased taxpayer.
How much pension could you receive for the death of your son or daughter?
According to what is stipulated in the Law 19990, parents are entitled to a deceased child pension. Likewise, it frames some conditions to be benefited from the subsidy of the ONP insured.
The first is that the parent must be disabled or, failing that, that the father be over 60 years of age. This changes if it is the mother, who is automatically entitled to a pension if she is 55 years of age or older. In both situations, she must be financially dependent on her offspring.
Beneficiary parents must not receive income greater than the amount of the pension that would correspond to them. In the same way, there should not be beneficiaries of a widow’s and orphan’s pension.
If it is the case that these survivors exist, the corresponding amount will be granted from the remaining available balance of the pensions for descendants.
There are some necessary requirements to access the pension, both for ONP and for AFP. Photo: composition LR/Freepik/The Republic
In the event that everything stipulated above is fulfilled, the maximum amount that the father will be able to access will be equivalent to the 20% of the pension that the deceased received or would have received.
For private entities, the same requirements apply regarding age (60 or 55 years) and the dependent condition of the deceased. Regarding the amount to be received, if there are beneficiaries of widow’s or orphan’s pensions, they will be shared between the parties.
According to the SBS, the exact amounts of pension for parents with disability (or partially of a permanent nature) and parents over 60 and 55 years of age who have depended on the member are equal to 14%.
Source: Larepublica
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