Document ID: chunk:federal_register_of_legislation:C2024C00057:schedule:15:p9
Version: federal_register_of_legislation:C2024C00057
Segment Type: schedule
Provision Reference: sch 15 (pt 9/15)
Character Range: 537785–540686

the purpose of assessing the rate of that Australian benefit.

2. For the purposes of this Article only, the term benefit shall include all social security payments under the social security laws of Australia.

PART V

CHILEAN BENEFITS

ARTICLE 18

Totalisation for Chilean Benefits

1. When under Chilean legislation the acquisition, maintenance or re‑establishment of entitlement to old age, invalidity or survivors' benefits requires the completion of certain periods of insurance, a period of Australian working life residence shall be deemed where necessary to be a period of insurance completed in the Republic of Chile.

2. Where a period of insurance completed in the Republic of Chile coincides with a period of Australian working life residence, such a period shall be taken into account once only as a period of insurance.

3. When it is not possible to determine the time when specific periods of insurance were completed under Chilean legislation, it shall be presumed that such periods do not coincide with periods of Australian working life residence.

ARTICLE 19

Old‑Age, Invalidity and Survivors' Pensions

1. The affiliates to a Managed Pension Fund shall finance their pensions in the Republic of Chile with the balance accumulated in their individual capitalisation account. In case such a balance is insufficient to finance a pension at an amount which is at least equal to that of the minimum pension guaranteed by the State, the affiliate has the right, in accordance with Article 18, to aggregate his/her periods of insurance in order to qualify for the minimum old age or invalidity pension. Survivors' pension claimants shall have the same right.

2. For the purposes of determining the fulfilment of the requirements as established in legal Chilean provisions to obtain anticipated pensions under the Sistema de Capitalización Individual, the affiliates who have obtained a pension according to Australian legislation shall be considered as pensioners of the pension system as indicated in paragraph 4.

3. Persons affiliated to the Sistema de Capitalización Individual in the Republic of Chile may pay voluntary contributions to that scheme, while self‑employed during any period of Australian working life residence. Persons who choose to avail themselves of this option shall be exempted from the obligation to contribute to the health care system of the Republic of Chile.

4. Likewise, the affiliates of the pension system administered by the Instituto de Normalización Previsional shall have the right to aggregate periods of insurance, in accordance with the provisions of Article 18, to qualify for the benefits provided for in the legislation applicable to them.

5. To qualify for pensions in accordance with the legislation regulating social security schemes managed by the Instituto de Normalización Previsional, persons who receive an Australian pension or who