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Pension Plans (Tables)
12 Months Ended
Dec. 31, 2021
Disclosure of employee benefits [text block] [Abstract]  
Schedule of actuarial hypothesis assumptions
   Post-employment
plans
   Post-employment
plans
 
   2021   2020 
Mortality chart   RV-2014    RV-2014 
Termination of contract rates   5.0%   5.0%
Impairment chart   PDT 1985    PDT 1985 

 

Schedule of post-employment benefits
   As of December 31, 
   2021   2020 
   MCh$   MCh$ 
Plan assets   7,200    8,224 
Commitments for defined-benefit plans          
For active personnel   (6,678)   (7,551)
Incurred by inactive personnel   
-
    
-
 
Minus:          
Unrealized actuarial (gain) losses   
-
    
-
 
Balances at year end   523    673 

 

Schedule of cash flow for post-employment benefits
   For the years ended December 31, 
   2021   2020   2019 
   MCh$   MCh$   MCh$ 
a) Fair value of plan assets            
Opening balance   8,224    7,195    6,804 
Expected yield of insurance contracts   640    385    333 
Employer contributions   995    870    859 
Actuarial (gain) losses   
-
    
-
    
-
 
Premiums paid   
-
    
-
    
-
 
Benefits paid   (2,659)   (226)   (801)
Fair value of plan assets at year end   7,200    8,224    7,195 
b) Present value of obligations               
Present value of obligations opening balance   (7,551)   (6,525)   (5,958)
Net incorporation of Group companies   
-
    
-
    
-
 
Service cost   873    (1,026)   (567)
Interest cost   
-
    
-
    
-
 
Curtailment/settlement effect   
-
    
-
    
-
 
Benefits paid   
-
    
-
    
-
 
Past service cost   
-
    
-
    
-
 
Actuarial (gain) losses   
-
    
-
    
-
 
Other   
-
    
-
    
-
 
Present value of obligations at year end   (6,678)   (7,551)   (6,525)
Net balance at year end   523    673    670 

 

Schedule of plan expected profit
   As of December 31,
   2021  2020  2019
          
Type of expected yield from the plan’s assets  UF + 2.50% annually  UF + 2.50% annually  UF + 2.50% annually
Type of yield expected from the reimbursement rights  UF + 2.50% annually  UF + 2.50% annually  UF + 2.50% annually

 

Schedule of plan associated expenses
   For the years ended December 31, 
   2021   2020   2019 
   MCh$   MCh$   MCh$ 
             
Current period service expenses   (873)   1,026    566 
Interest cost   
-
    
-
    
-
 
Expected yield from plan’s assets   (640)   (385)   (333)
Expected yield of insurance contracts linked to the Plan:        -      
Extraordinary allocations   
-
    
-
    
-
 
Actuarial (gain)/ losses recorded in the period   
-
    
-
    
-
 
Past service cost   
-
    
-
    
-
 
Other   
-
    
-
    
-
 
Total   (1,513)   641    233