The pension reform note maintains the pillar system initially proposed and introduces some changes, such as the age of women who will receive the basic income, which drops from 65 to 60 years. For example, the Integrated Social Security for the Elderly consists of the Solidarity Pillar, the Semi-Premium Pillar, the Premium Pillar, which consists […]
Tag: pension reform
“Labour reform presentation will be submitted next week”: mintrabajo
Labor Secretary Gloria Inés Ramírez announced progress in the process being carried out in Congress to implement the bills for both labor and pension reforms. According to the chief of portfolio, speaking from Bogotá at a socialization event with the Kennedy community, members of Congress are already preparing the labor reform paper to be submitted […]
Pension reform must think about the future of young people: Asofondos
The president of Asofondos, Santiago Montenegro, said that the pension reform must be carried out with the future of young people in mind and that it must be sustainable also after the next elections. He pointed out that the reform cannot ignore the phenomenon of the rapid aging of the population, which means fewer active […]
“Pension reform is on the right track, but labor reform is going the other way”
And at the end he advised to maintain individual savings “because it is a model that avoids population explosion problems as the DAN says Colombia is aging rapidly, so a simpler savings rule should be introduced: Colpensies must save all new power savers and that ensures that the government will not use that for current […]
CARF proposes to lower the threshold for contributing to Colpensiones
According to the group of experts, the optimal threshold from a pension subsidy and savings perspective for the economy would be from a minimum wage. “Correcting the threshold improves the fairness of the reform and reduces the tax cost by 20% of present-value GDP, which is about $236 billion,” said Carf. In this sense, they […]
Pension reform: Colpensiones calls for consensus and private funds for corrections
Jaime Dussanpresident of Colpensiones, said in the Constitution Chamber of the Capitol: “We hope that Congress analyzes the reform, which aims to ensure that no Colombian is left without a pension. It is not possible that a single Colombian that I would must be retired being on the street“. In that sense, the official warned […]
Tension and clashes in demonstrations in France: police and demonstrators injured
Hot May 1 in France is where thousands of protesters take to the streets to demonstrate against the pension reform recently approved by the government of Emmanuel Macron. 2.3 million people, 550,000 of them in Paris alone, would attend the demonstrations called across the country by the unions. However, violent clashes are taking place between […]
CABEI provides technical and financial support for the labor reform process
Carlos Moreno, head of country of CABEI in Panama, highlighted the cooperation and financing tools available to the international entity to support social reforms such as labor and pensions. “There is always the possibility of being able to guide them with specialists, local or international, who are aware of this problem and who have the […]
Petro criticizes fund investments abroad
President Gustavo Petro honored the agreement with the Colombian Association of Pension and Dismissal Administrators (Asofondos) to conclude their congress in Cartagena. In his speech, the president acknowledged that health care reform has played a bigger role than labor and pension reform. “I must confess that the times of debates and public discussions have led […]
Neither Petro nor Mintrabajo attended the invitation to the Asofondos Congress
The Asofondos Congress taking place in Cartagena will not have the presence of President Gustavo Petro, who was announced for the closure, nor of Labor Minister Gloria Inés Ramírez. This event is one of the big scenarios where private pension and unemployment funds discuss issues relevant to the sector, such as the pension reform in […]