Savings for old age is a challenge for millions of Colombians who fail to quote enough to access a traditional pension, and in this situation the program of PERIODIC ECONOMIC BENEFITS (BEPS) It has become a viable alternative. If you are part of this pension alternative, know how you can know how much money you will receive in the future.
One of the most useful innovations of the Beps program is the possibility of projecting the amount you will receive in your old age through the official colpensions digital platform, where users can calculate approximately how much money could obtain every two months when fulfilling the retirement age, depending on the saved throughout your life.
The simulator is free, easy to use and allows each person to anticipatedefine savings goals and plan your economic future more clearly. The more you save, the greater the value received in old age.
You can project your savings in the following official colpensions link: https://sede.colpensions.gov.co/tramite/updinfo/96/
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Beps
Source: Official Colpensiones-Facebook
How to start saving in Beps?
To link Beps you must be Colombian, over 18 and have income below 1 monthly minimum salary.
To start saving in this program you can fill out the linkage form at the Electronic Colpensiones headquarters, where you must register, or personally at the points of attention distributed throughout the country.
How to save, step by step
1. Locate an authorized collection point near your home and indicate that you will save in Beps.
2. Present your ID number and the date of your birthday (day and month).
3. Define the amount to save, pay with cash and always request the voucher or pull of each transaction.
4. Verify the voucher, which must show the number, date and time of the transaction, the associated card number and the exact value subscriber.
You can check the authorized collection points network throughout the country in the following link: https://www.colpensions.gov.co/beps/publicaciones/2920/red-de-recaudo-Beps/
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Why is Beps important for retirement?
The Beps system offers the possibility of building an economic support in a voluntary way and without mandatory fixed amounts.
This means that each citizen can save according to their possibilities, through deposits that also receive a 20% subsidy from the national government when they reach the retirement age. In this way, for every million pesos saved, the beneficiary obtains additional 200,000 to increase their future income.
It is important to note that Beps fulfills a key social function by providing economic security to those who historically were excluded from the pension system. Also, eThis initiative is also which can be added to traditional contributions to complete the pension requirements in colpensions.
It is an inclusion tool that for millions of Colombians represents the possibility of achieving a more dignified and stable retirement, with a model adapted to their real working and income conditions.
