Retirement
By:
Briefcase
June 1, 2024 6:22 p.m. m.
The financial stability at the time of retirement It is one of the most common objectives for workers. This is why it is important to understand how the general social security system works to plan a roadmap.
In the case of the medium premium savings fund, Colpensions, being public in nature, is one of the entities that has the most members. Despite this, There are still doubts about its operation, especially with the pension payment percentages that are made from there..
(More: Opposition filed negative presentation of the pension reform for fourth debate).
Pension iStock
Therefore, it is important to know that this fund manages minimum and maximum percentages for the old-age pension settlement income, which is, basically, the average of the monthly salaries of the last 10 years of contributions. It can also be the equivalent in number of weeks already quoted.
(Also read: Colombia Mayor: this is how you can claim the increased payment in June).
This means that if the member contributed 1,300 weeks, the pension percentage will be equivalent to 66% of the base pension settlement income.taking into account the minimum age to retire (62 years for men and 57 years for women).
Pension iStock
It is worth clarifying that the value of the pension allowance It cannot be below the current minimum monthly salary or higher than 25 salaries..
(You can read: Pension reform: the points that should be carefully analyzed, according to experts).
In the event that the member has contributed more than 1,300 weeks, for each additional 50 weeks, the percentage of the allowance will be increased by 1.5% of the base settlement income.
BRIEFCASE
