Tag: private funds

“Half of the savings from private funds went as investments to other countries”

“Half of the savings from private funds went as investments to other countries”

In the context of the eighth business congress of Andi 2023, held in Cartagena from August 16 to 18, the director of the fair, Juan Pablo Córdoba, referred to the pension reform project that is progressing in Congress. Córdoba pointed out that Colombians save little, adding that the money citizens save for old age flows […]

Pension reform must think about the future of young people: Asofondos

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 […]

Petro criticizes fund investments abroad

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 […]

Colpensiones closed 2022 with 6.7 million members

Colpensiones closed 2022 with 6.7 million members

At the end of 2022, Colpensiones had 6.7 million members, representing 26.65% of the members of the General Pension System (SGP). Last year, the number of new affiliates transferred from private funds to the entity grew 9% to 1.2 million new affiliates. The president of Colpensiones, Jaime Dussán Calderón, stressed that 98,353 new pensions were […]

About 9.3 million workers should receive severance pay

About 9.3 million workers should receive severance pay

The chairman of the Colombian Association of Managers of Pension and Dismissal Funds (Asofondos), Santiago Montenegro, assures that in a year of political and social changes, such as 2022, the redundancies in the funds showed a stable behavior. The union points out that at the end of last year, the consolidated value of workers’ layoffs […]

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