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February 18, 2025
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Ready for comments draft of the Single Regulatory Decree of Pension Reform

First lawsuit filed to overturn pension reform

It is already published on the website of the Ministry of Labor the draft decree that partially regulates the Reform to the General Pension Systemwhich makes known the details and central aspects of the Integral Social Protection System for Old Age, Disability and Death of Common Origin.

This document, which will be available for comments and observations until March 3, contains the key aspects with the conditions of the Basic Solidarity Rent of the Solidarity Pilarby the Department of Social Prosperity (DPS)and the Vitalicia of the Semicontributive Pilarin charge of Colpensioneswhich will allow to know the amount to be received by rent and how to liquidate the economic benefit.

(You may be interested: How long should you be married to obtain the widow’s pension?).

The regulation of pension reform is a reality and has had the participation of the different actors of the Integral Protection System for Old Age, with the leadership of the Ministries of Labor, Finance, Health, Colpensions, the DPS, the Regulation Unit Fiscal (URF); The Financial Superintendence and the Pension and Parafiscal Management Unit (UGPP) and is the result of the agreements achieved during the discussions at the technical tables among the various participants of the system, who contributed their contributions to the development of this Decree”Said the Minister of Labor, Gloria Inés Ramírez.

Pension

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Document details

In the sketch the rules for affiliation to the System and selection of complementary component administrator of individual savings (ACCAI)as well as computable times for pension recognition. It is also clarified that if an employer breached with pension contributions, the collection will be done by ACCAI and Colpensiones.

(Further: Changes in colpensions: How many weeks women can pension?).

Likewise, it includes general provisions of the Contributive Pilar Savings Fundwhich seeks to contribute to the collective and public savings of the nation and to guarantee the sustainability of the system.

It also contains the development of the early benefit of old age for those who at the retirement age complete 1,000 weeks of contribution, as well as the formula of its liquidation, which may not be less than a current minimum legal salary.

(You can read: How much did the AFP future in yields and unemployment in 2024?).

Similarly, the progressive decrease of the minimum number of weeks required for the recognition of the integral old -age pension of women affiliated with the social protection system is roughly roughly declined.

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