With the pension reform, all dependent and independent workers are required to join the Contributory Pillar in order to be able to contribute to their pension. However, there are particular cases that change the conditions of this process, such as those workers who simultaneously have more than one contract. EL TIEMPO tells you how the contribution will work for this group of workers.
For dependent workers, “the corresponding contributions will be made in proportion to the salary or income earned by each of them, and said salaries or income will be accumulated up to the maximum contribution limit,” the law reads.
That is, if you are part of this groupmust contribute over 16 percent of the base income in each contract. Of this, 75 percent will be paid by the employer and the remaining 25 percent will be paid by the employee.
“When a worker has more than one employment contract simultaneously, each employer must independently make the contributions corresponding to the contributory pillar,” the law adds.
Decree 1083 of 2015 regulates employment and functions in the public sector.
Photo:Jaime Moreno
The same applies to independent workers, who may continue to assume more than one employment contract, but must contribute for each of these contractual links. The difference is that, for these, the contribution base is based on 40 percent of their salary.. That is, the contributor must contribute 16 percent on this contribution base.
What if you work for periods of less than a month or receive less than a minimum?
In these cases, the minimum weekly contribution is established, which corresponds to a quarter of the current legal monthly minimum wage. In this way, and depending on the days worked in the month, you must quote differently:
Between 1 and 7 days, a minimum weekly quote must be made.
Between 8 and 14 days, two minimum weekly quotes must be made.
Between 15 and 21 days, three minimum weekly contributions must be made.
More than 21 days, four weekly contributions must be made (the equivalent of one minimum wage).
JUAN ANDRÉS BELTRAN TÉLLEZ – ECONOMY AND BUSINESS EDITORIAL
