The 25,000 people will receive their payment,” says Colpensiones president about pension uncertainty
The provisional suspension of Decree 415 of 2026 by the Council of State has opened a new clash between the National Government and private pension funds. According to the Executive, the decision froze the mechanism that allowed the transfer of resources from AFP to Colpensiones to finance the pensions of thousands of people who migrated to the public regime.
TL;DR
- The Council of State's suspension of Decree 415 of 2026 has created a dispute between the National Government and private pension funds.
- The decree facilitated the transfer of resources from private pension funds (AFP) to Colpensiones to finance pensions for individuals who migrated to the public regime.
- Approximately 120,000 people transferred to Colpensiones, and the government fears that 25,000 of these could have their pension payments affected.
- Colpensiones president stated that private funds owe approximately $5 trillion Colombian pesos related to these transfers.
- Colpensiones is currently using its own resources and part of the national budget to ensure pension payments continue.
- Colpensiones plans to file a plea for the Council of State to review the precautionary measure that suspended Decree 415.