economy and politics

Guaranteed Minimum Income: how much a person receives according to their Sisbén classification

Guaranteed Minimum Income

The Guaranteed Minimum Income (IMG) is a strategy promoted by the District of Bogotá that seeks reduce poverty and ensure food security of the most vulnerable households in the Colombian capital. ¿How does it work and how much money does each Sisben classification receive?

The values ​​of the Guaranteed Minimum Income in 2024

The program offers differentiated monetary transfers according to their classification group in the Identification System of Potential Beneficiaries of Social Programs (Sisbén).

Group A: Households will continue to receive monetary transfers from the IMG and, in addition, will be able to access additional benefits if they have people with disabilities, elderly people or minors.

Group B: Those families with members in priority situations such as disabilities, senior citizens or children, may receive new specific transfers instead of the previous IMG transfer. Households that do not meet these criteria will be excluded from the program.

Group C: Within homes with this classification, people with disabilities, older people and young people who enter the social and productive inclusion program may continue to benefit.

(Read: Colombia digital ID: until when can you request it for free?)

Guaranteed Minimum Income: the money received according to the Sisbén groups

What will happen to the subsidy in 2024.

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• TO: Households in this group will receive between $116,000 and $840,000 as an unconditional monetary transfer.

• People with disabilities: Those who are in groups A, B or C1-C9 will receive an additional amount of $180,000.

• Older people: Current beneficiaries of programs such as financial support and those who were receiving the IMG in Group B will receive $130,000.

• Households with children: Households classified A and B will receive $60,000 per child under 6 years of age (limit of three children) for nutrition, and the same amount for children between 7 and 17 years of age for education.

• Young people on the path to social and productive inclusion:
Young people who participate in this pilot will receive between $200,000 and $400,000 per transfer, up to a maximum of three transfers per year.​

(More: The important sum of money that pensioners in Colombia will receive at Christmas)

Do all households receive the Guaranteed Minimum Income in Bogotá?

It is important to remember that households that do not have members in priority situations (such as children, elderly people or people with disabilities) will stop receiving the IMG transfer, as part of the adjustments that were implemented in order to guarantee that resources reach those most they need it.

You can check if you have transfers on the Social Integration Secretariat page: https://www.integracionsocial.gov.co/index.php/ingreso-minimo-garantizado/

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