Chilean Workers and Employers to Receive Refunds for Excess Labor Insurance Payments

Mutual insurance institutions in Chile are mandated to return excess labor insurance contributions paid by employers and self-employed workers during June. This directive comes from the Superintendencia de Seguridad Social (Suseso), which oversees these entities.

The Suseso has announced that the mutual societies, including ACHS, Mutual de Seguridad, and IST, along with the Instituto de Seguridad Laboral (ISL), must establish online platforms. Through these platforms, individuals can verify if they are entitled to a refund. Users will need to identify themselves to access information regarding the amount to be returned, the specific periods involved, and the status of their claim.

Those eligible for a refund will have several payment options, such as direct deposit into a bank account or the issuance of a check or bank draft. The institutions are required to complete these reimbursements within the first ten days of July. The Suseso also noted that individuals or companies who believe they have overpaid can request this refund at any time during the year.