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November 12, 2024
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What is the 14th allowance in Colombia?

What is the 14th allowance in Colombia?

In Colombia, the pension system allows retired workers receive a monthly amount after having fulfilled their respective work obligations. In this scenario, the allowance 14 was valid again despite its suspension in 2025. What is it and who receives this annual payment?

Allowance 14: when it is charged and to whom it is paid

When will the beneficiaries collect allowance 14?

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Allowance 14 is a first that corresponds to all retirees who are in the Average Premium Regime (RPM)which is currently managed by Colpensions. This amount will be transferred to their respective beneficiaries in the middle of each year, that is, in June.

Meanwhile, it is granted as a benefit to those pensioners with lower incomes. Likewise, only pensioners who receive a monthly allowance equal to or less than a minimum wage and who retired before July 31, 2011 are eligible.

Every year, Colpensiones pays this allowance in the month of June, and its amount is equivalent to an ordinary allowance, that is, they are paid an additional amount equal to what they receive monthly.. This benefit was introduced as additional financial support for those who meet the requirements and retired before the pension reform established by Law 1328 of 2009.

Mesada 14 was approved for Public Force veterans

Counter 14

Who is responsible for receiving allowance 14?

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It was recently approved by the House of Representatives and It will be paid to their respective beneficiaries during the month of June for a group of 89,000 retirees.

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To give a little more clarity, Nelson Merchan Leona veteran of the Public Force and member of the National Council of Veterans, indicated: “The 14th allowance is something significant, it is a bonus, we call it those of us who receive Army pensioners and veterans in the middle of the year, it is a full salary.”

“Having revived this allowance 14 is something significant for the thousands of veterans who received it. Last year some of them suspended it, there were some problems. I see that with this restoration their quality of life will improve”Merchán pointed out.

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In the same line, José Vicente Carreño of the Democratic Center Party delivered their assessments to the Senate website. “What it seeks is to give constitutional status to allowance 14 so that there is never a thought of taking it away from our public force officials, especially from the families of veteran soldiers and police officers.”he remarked.

Keep in mind that to access this allowance you must have completed 20 years of service in the military and 25 in the case of having served in the police before 1994.

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