How much are they going to deduct from your health and pension with the increase in the minimum wage?

He minimum wage for 2026 registered an increase decreed by the National Government, after negotiations between workers, employers and the Executive failed. The new amount was 2 million pesos monthlyincluding transportation assistance, which represents a significant increase compared to the previous year and reopens the discussion on the minimum income in Colombia.

Minimum wage: How much will they deduct from your health and pension?

According to the Law 100 of 1993contributions to the system of social security are maintained:

On the one hand, in health: 12.5% ​​of the total salary, of which the worker assumes the 4% and the employer 8.5%. With the new minimum wage, the worker’s contribution is approximately equivalent to $70,036 monthly.

Meanwhile, the pension: 16% of salary, with 4% borne by the worker, which also represents about $70,036 per month.

Also read: Since when does the new minimum wage of 2026 come into force?

In total, those who earn the minimum wage in 2026 will see an approximate discount of $140,072 monthly for these two concepts. Other deductions can be added to this, depending on the type of contract, fund or particular working conditions.

What is the reason for the increase in the 2026 minimum wage?

The increase in the minimum wage was presented as a relief against the cost of living, inflation and the loss of purchasing power in recent years. However, he also made it clear that a part of the increase was automatically allocated to greater contributions to healthand pension.

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The percentages did not vary, since the worker continued contributing 4% to health and 4% to pension. What changed was the value in pesos. For those who earned more than one minimum wage, the impact was greater, since the calculation was made on the Contribution Base Incomewhich normally corresponds to the monthly salary.