Chile Payroll Changes - 2026

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.

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%