XML 109 R82.htm IDEA: XBRL DOCUMENT v3.24.0.1
Pension Plans (Tables)
12 Months Ended
Dec. 31, 2023
Pension Plans [Abstract]  
Schedule of Significant Actuarial Hypotheses Assumptions Actuarial assumptions with respect to demographic and financial variables are non-biased and mutually compatible with each other. The most significant actuarial hypotheses considered in the calculations were:
   Post-employment
plans
  Post-employment
plans
   2023  2022
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 Activity for post-employment benefits is as follows:
   As of December 31,
   2023  2022
   MCh$  MCh$
Plan assets   5,260    6,819 
Commitments for defined-benefit plans          
For active personnel   (5,027)   (6,277)
Incurred by inactive personnel   
-
    
-
 
Minus:          
Unrealized actuarial (gain) losses   
-
    
-
 
Balances at year end   233    542 
Schedule of Cash Flow for Post-Employment Benefits Year’s cash flow for post-employment benefits is as follows:
   For the years ended December 31,
   2023  2022  2021
   MCh$  MCh$  MCh$
a) Fair value of plan assets         
Opening balance   6,819    7,127    8,224 
Expected yield of insurance contracts   539    211    640 
Employer contributions   1,269    337    995 
Actuarial (gain) losses   
-
    
-
    
-
 
Premiums paid   
-
    
-
    
-
 
Benefits paid   (3,367)   (856)   (2,659)
Fair value of plan assets at year end   5,260    6,819    7,200 
                
b) Present value of obligations               
Present value of obligations opening balance   (6,277)   (6,633)   (7,551)
Net incorporation of Group companies   
-
    
-
    
-
 
Service cost   1,250    356    873 
Interest cost   
-
    
-
    
-
 
Curtailment/settlement effect   
-
    
-
    
-
 
Benefits paid   
-
    
-
    
-
 
Past service cost   
-
    
-
    
-
 
Actuarial (gain) losses   
-
    
-
    
-
 
Other   
-
    
-
    
-
 
Present value of obligations at year end   (5,027)   (6,277)   (6,678)
Net balance at year end   233    542    523 

 

Schedule of Plan Expected Profit Plan expected profit:
   As of December 31,
   2023 2022 2021
Type of expected yield from the plan’s assets  UF + 2.50% annuallyUF + 2.50% annually UF + 2.50% annually
Type of yield expected from the reimbursement rights  UF + 2.50% annuallyUF + 2.50% annually UF + 2.50% annually
Schedule of Plan Associated Expenses Plan associated expenses:
   For the years ended December 31,
   2023  2021  2020
   MCh$  MCh$  MCh$
Current period service expenses   1,250    356    (873)
Interest cost   
-
    
-
    
-
 
Expected yield from plan’s assets   539    211    (640)
Expected yield of insurance contracts linked to the Plan:   -    -      
Extraordinary allocations   
-
    
-
    
-
 
Actuarial (gain)/ losses recorded in the period   
-
    
-
    
-
 
Past service cost   
-
    
-
    
-
 
Other   
-
    
-
    
-
 
Total   1,789    567    (1,513)