Council of State Admits Lawsuit for 25 Trillion Pesos Against Colpensiones
The Council of State has admitted a nullity lawsuit against Decree 0415 of 2026, issued by Gustavo Petro's government, which orders the transfer of approximately 25 trillion pesos from private pension funds to Colpensiones.
TL;DR
- The Council of State admitted a lawsuit against Decree 0415, which orders the transfer of savings from private pension funds to Colpensiones.
- Over 120,000 members are affected by this decree, which involves approximately 25 trillion pesos.
- The lawsuit claims the decree is illegal and unconstitutional, arguing the government exceeded its regulatory authority.
- The government states the decree aims to correct financial imbalances where Colpensiones pays benefits without receiving transferred resources.
- Asofondos, representing private pension funds, has also filed a lawsuit and is seeking precautionary measures.