Colpensiones explains what comes with pension adjustments after the suspension of the minimum wage increase
Jaime Dussán Calderón, president of Colpensiones. Photo:
TL;DR
- Colpensiones assures continuity, security, and clarity for its affiliates and pensioners following the provisional suspension of the 2026 minimum wage decree.
- The entity will continue to apply existing regulations and government instructions while the judicial process is ongoing.
- Pension adjustments will be made with technical rigor and within the legal framework.
- The suspension of the minimum wage decree is provisional and has no retroactive effects.
- Colpensiones has the technical and financial capacity to meet all its obligations for timely and complete pension payments.
- Pensions corresponding to one minimum wage in 2025 will increase in 2026 by the percentage the government set for the minimum wage ($1,750,905).
- Pensions higher than one minimum wage will be adjusted based on the previous year's CPI (5.1% for 2026).
- 60.8% of Colpensiones' benefits are adjusted based on the minimum wage, while 39.2% are adjusted according to the CPI.
- Additional pensions (13th and 14th) are adjusted under the same rules as the ordinary pension when applicable.
- Pensioners can verify applied values on their payment slips and certificates available through official Colpensiones channels.
- The pension reform is still under study by the Constitutional Court.