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After two days of debate in Commission VII of the Senate, The Government's pension reform project has already passed one of its tests before Congress with the approval of the text in its first debate.The Legislature gave the green light to the document of 94 articles with few adjustments, among which it stands out that the pillar system, one of the bases of the pension initiative, remains in force. In this way, the Comprehensive Social Protection System for Old Age contemplates a four-pillar model: solidarity, semi-contributory, voluntary and contributory savingsthe latter being the one that has generated the most concern.(See:…

Contexthousing construction company, announced the reduction in the price of homes in their real estate projects in the department of antioch. According to the company, this strategy aims to cope with inflation that the national economy currently has, as well as helping to boost the real estate market in the country at the interest rate currently in force in Colombia.(Municipalities near Bogotá where buying housing is cheaper)."To face the inflation registered in the last months and encourage the national real estate market in the midst of high interest rates, the Antioquia construction company, Contex, announced a price reduction for the…

The work history is an instrument that allows monitoring of the contributions made to the pension, as well as the quoted weeks both in the public regime and in the Pension Fund Administrators (AFP).This document reflects in an orderly manner the mandatory periodic contributions made in the pension system by affiliates based on the salary they earned.(It may interest you: These are the requirements to inherit a pension in Colombia). In other words, through this report you can consult the monthly contributions, the salary reports, the companies in which the user worked and the total number of weeks contributed.Its importance…

In May 2023, sales of social interest housing (VIS) fell 66%, compared to the same period in 2022, and they completed 15 months of continuous withdrawals and a quarterly average of VIS sales and offers of medium and high ranges (Non-VIS) lower than initiations. According to a report from Urban Coordinate, the georeferenced information system of the Colombian Chamber of Construction (Camacol), between January and May 2023"64,000 homes were abandoned for sale compared to the same period in 2022. This represented a reduction of $13 trillion in investment in new homes by households (1 percentage point of GDP).". Of that…