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Chile Payroll Changes - 2026


1. Minimum salary/Wage changes
  • Minimum wage adjustment: Scheduled for May 2026.
    • Note: The adjustment is determined by law; specific new rates will be confirmed closer to the effective date.
2. Rate/Percentage changes affecting payroll

  • Gradual contribution increase (effective August 2026)
    • Total rate: 3.50%
    • Breakdown of contribution components:
      • AFP / Individual account: 0.10%
      • Social security / Life expectancy: 1.00%
      • Social security / Protected return: 0.90%
      • Social security / Disability & survivorship insurance (SIS): 1.50%