In Venezuelathe Venezuelan Institute of Social Security (IVSS) each month provides a pension to more than five million citizens who have reached a certain age or have been harmed by an accident or illness. The money corresponding to the month of November was paid on October 21 along with the first month of the Christmas bonus.
It is important to indicate that workers in Venezuela contribute between 2% and 4% of their salary to Social Security, while employers deposit between 9% and 11% more to the employees’ account; the amounts are reflected in the payments that are made monthly.
WHEN IS THE BENEFIT PAID TO THE PENSIONERS?
Despite the fact that the IVSS has not yet communicated the exact delivery date that corresponds to December 2022, the deliveries that pay for October and November coincide with the 21st, so it is believed that on that date or an earlier date will make the new payment.
Likewise, the amount of the IVSS monthly pension is 130 bolivars, which is equivalent to 15 dollars, according to the Central Bank of Venezuela (BCV).
It should be noted that this Monday, November 21, is a bank holiday in Venezuela due to the celebrations of the religious date. That day the banks, offices and agencies will not be open to the public, as indicated in the official 2022 calendar of the Superintendency of Banking Sector Institutions (Sudeban).
However, the digital platforms of the banks will be enabled all day for people who have to access banking services and transactions, inquiries, deposits, withdrawals and payments.
THE REQUIREMENTS TO BE A PENSIONER
All citizens who wish to be considered to receive the IVSS pension, as a first requirement, will have to pass an age limit that is 60 years for men and 55 years for women. If you meet this condition, you will be entitled to an old-age pension taking into account the following requirements:
- Minimum 750 quotes.
- Present identity card.
- Request for cash benefits, original form 14-04 (02).
- Proof of work, form 14-100 of the last six years worked.
Likewise, you will have to go to any of the 48 IVSS administrative offices that are located nationwide, with all the requirements in a folder. Where you live will not be taken into account.
WHAT KIND OF PENSIONS DOES THE IVSS HAVE?
- Survivor pension
- disability pension
- old age pension
- Disability pension.
