El Ciudadano
Original article: Estudio revela que FFAA reciben en promedio jubilaciones tres veces mayores que cotizantes AFP: “Pensiones por la Fuerza” de Fundación Sol
Generals’ Pensions Exceed $5 Million: Study Highlights Gaps Up to 10 Times Compared to AFP Retirees
The 2026 edition of the study «Pensions by Force,» conducted by Fundación SOL, reignites the debate regarding the stark inequalities within the Chilean pension system. The report claims that while millions of civilian workers rely on AFP pensions and state subsidies, the Armed Forces and law enforcement continue to access special pension systems with significantly higher payouts.
According to the document, as of December 2025, the National Defense Insurance Fund, CAPREDENA, disbursed 103,409 pensions with an average of $1,305,579. Out of these, 71,137 were retirement pensions, equivalent to old-age pensions, averaging $1,511,727. In parallel, the system administered by DIPRECA recorded 48,169 retirement pensions with an average of $1,679,020.
The comparative analysis concludes that DIPRECA retirement pensions are 3.4 times higher than the average pensions paid by AFPs and insurance companies to individuals who contributed for 25 to 30 years. For CAPREDENA, the pensions are three times higher than the private sector average. While an average AFP pension for that category is $500,970, in CAPREDENA it reaches $1,511,727 and in DIPRECA $1,679,020.
The report also outlines significant internal differences within the military pension system. Among officers pensioned by CAPREDENA, an Air General receives an average of $5,386,003 monthly, while an Army General obtains $5,283,847. In contrast, a Lieutenant earns $590,372, with the most beneficiaries belonging to the Colonel rank, which has 1,722 pensioners averaging $3,790,671.
This research underscores that the origins of this pension disparity date back to the military-civic dictatorship. The text notes that while the AFP model for civilian workers was introduced in 1981, the Armed Forces retained their distribution systems and defined benefits through CAPREDENA and DIPRECA. «Individual accounts for workers and a social security system for them,» sums up the document.
Another highlight is the fiscal expenditure. According to figures from the Budget Directorate cited by Fundación SOL, the Chilean government allocated approximately $3.093 billion in 2025 to finance pensions from CAPREDENA and DIPRECA, benefitting 174,546 individuals. In comparison, spending on PGU and Solidarity Pillar reached $8.119 billion to cover 2.7 million beneficiaries. The study concludes that civilian spending is only 2.6 times higher, despite covering a population 15.5 times greater.
Fundación SOL specified that much of the information was obtained through transparency requests directed to CAPREDENA and DIPRECA, warning that the figures reflect the persistence of a dual pension system in Chile. The complete study can be reviewed on the official Fundación SOL website and accessed through the following link:
«Pensions by Force: Results of the Pension System for Armed Forces and Law Enforcement»
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