Through a statement to the public, the Financial Superintendency informed citizens that this Thursday – January 16 – the deadline expires for Colpensiones affiliates who are not in a transition regime and who have incomes greater than 2, 3 current legal monthly minimum wages Choose your Administrator of the Complementary Individual Savings Component (Accai).
This, as established in the new comprehensive social protection system for old age, disability and death of common origin (Law 2381 of 2024), also known as pension reform in which a period of six months was set starting on the 16th. July 2024 so that, Those who meet the aforementioned requirements can choose freely.
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“The deadline expires on January 16 for affiliates covered by the new Law to select their Accai. If they do not carry out this procedure, one will be assigned to them randomly through the mechanism defined by the national government,” they explained from the control entity.
It is important to remember that the Law also defined that those with higher incomes at 2.3 minimum wages, just over $3.7 million, they will make their monthly contribution to the Average Premium Component administered by Colpensiones up to that value and what exceeds this sum will be the basis for making their contribution to the Complementary Individual Savings Component which will be managed by the Accai.
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For example, for a person who earns $5 million, contributions on the first $3.2 million (which marks the 2.3 minimum wages) will go to the common fund, while contributions on the remaining $1.7 million will be at the discretion of the workers, who will be able to put it in the Accai that best suits them.
In addition to salaries, this measure applies to men with less than 900 weeks and women with less than 750 weeks contributing to the General Pension System as of July 1, 2025, who will form part of the new Pension System, since they did not manage to enter the transition regime.
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Who can be Accai?
In accordance with what was agreed for the new pension system, which will govern pension fund management companies, trust companies, life insurance companies, stock brokerage companies, Colpensiones and authorized non-profit entities. and monitored by the SFC, may apply to be part of this group.
Saving
However, the Superfinanciera warns that they must have authorization respective of this Superintendency and comply with the capital, corporate governance and operational requirements defined in the same Law and in Decree 1558 of 2024.
“The SFC has published on its website and will update when necessary the list of entities that have accredited the requirements defined by the Ministry of Finance and Public Credit to manage said resources so that people can make their choice,” they noted. .
Finally, it must be kept in mind that contributors will be able to change Accai after six months of permanence, counted from the entry into force of the pension reform, on July 1, 2025, the date from which the administrators will begin to manage the pension resources of contributions made above the aforementioned threshold.
