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  • Pension reform: What is the limit to change the regime once it is approved? – Personal Finance – Economics
Investments and Business

Pension reform: What is the limit to change the regime once it is approved? – Personal Finance – Economics

Avatar photoMitchell G. Patton3 years ago
Pension reform: What is the limit to change the regime once it is approved?  – Personal Finance – Economics

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Transfer of pension regime

The Pension Reform of the Petro Government.

The Pension Reform of the Petro Government.

If approved, people close to retiring should request double advice.

Find the validation of The Lie Buster at the end of the news.

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WEATHER EDITORIAL

SF

May 23, 2023, 4:30 p.m.

THE

May 23, 2023, 4:30 p.m.

If the pension reform proposed by the Government is approved, the changes will occur in a projection of time so that it does not affect people who are close to retiring.

(You may be interested in: Pension reform: will the retirement age and contribution weeks increase?).

It is important to take into account that article 76 of the project establishes that the persons who, upon the entry into force of the law, have 1,000 listed weeksthey will be followed fully applying the provisions of Law 100 of 1993 and the rules that modify, repeal or replace it.

For those wondering how regime change will work if this initiative is approved, the answer is that, for the people with more than 1,000 weeks of contributions or length of service and that they have less than ten years left to retire, They will have two years from the promulgation of the law to transfer regime compared to the previous regulations.

(You may also be interested in: These are the red lines of the Gustavo Petro government on the pension reform).

The president, Gustavo Petro, and the Minister of Labor, Gloria Inés Ramírez, during the filing of the pension reform project.

In the same way, it is important that these people have double advice, regarding the savings they have in their individual accounts, which will continue to be managed by the Pension Fund Administrators (AFP), until the full old-age pension or the old-age pension of the previous regime is consolidated.

More news in El Tiempo:

Another key week for government reforms in Congress

Petro defended its pension reform before the Asofondos congress

There is an atmosphere for the pension reform, but the congressmen ask for adjustments

Laura Camila Ramos
LATEST NEWS EDITORIAL

SF

May 23, 2023, 4:30 p.m.

THE

May 23, 2023, 4:30 p.m.

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Avatar photo
By Mitchell G. Patton

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