Payment of severance pay exceeded $18.1 trillion and grew 12.8%, according to SuperFinanciera
The payment of severance pay in Colombia saw rising figures. According to the Financial Superintendence, between January 1st and February 16th...
TL;DR
- Total severance pay contributions from January 1st to February 16th, 2026, reached $18.16 trillion, a 12.82% increase year-over-year.
- As of December 2025, there were 13,292,275 individuals affiliated with severance pay funds.
- The majority of affiliates are concentrated in Bogotá (32.3%), Antioquia (18.5%), and Valle del Cauca (9.1%).
- Porvenir collected the highest amount with $7.1 trillion, followed by Protección with $5.6 trillion.
- In 2025, affiliates withdrew $11.65 trillion, with job termination accounting for 35.6% of withdrawals, while education-related withdrawals increased.
- The increase in contributions suggests a larger formal payroll, while withdrawals indicate the continued importance of severance pay as a safety net.