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Pension reforms handed the third debate within the House of Representatives

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Pension reforms handed the third debate within the House of Representatives

After an in depth strategy of reconciliation and the creation of agreements, this Thursday the Pension Reform was accepted within the third debate, the place the National Government needs to make sure that receiving a pension in Colombia is as soon as once more a proper.

The invoice acquired 17 votes out of 20 in favor of the members of the Seventh Commission of the House of Representatives, which helps the creation of an equitable, trendy and supportive pension system that may guarantee a dignified previous age for 3 million Colombians. in instances of utmost poverty.

The Minister of the Interior, Luis Fernando Velasco, stated that this step represents a change in social affairs and defined that its approval was on account of a large dialogue between all of the teams that make up the Seventh Commission, which allowed a consensus to be reached. in order that the undertaking now goes to the House meeting committee.

Subsequently, the Minister of Labor, Gloria Ramírez, highlighted that the Pension Reform will permit extra folks to have an old-age revenue and can make the system fairer, as at the moment just one in 4 and one in eight ladies retire.

Among what was agreed within the third dialogue, it stands out that every one Colombians should contribute their revenue as much as 2.3 occasions the minimal wage to the federal government fund and the Pension Reform strategy of shifting to the federal government pension system shall be simplified.

In addition, it’s assured that contribution weeks and pension years are maintained; In the case of ladies, the variety of weeks supplied drops to a thousand weeks.

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There will even be a discount of fifty weeks of contributions for every youngster as much as 3 youngsters, that’s, ladies with 3 or extra youngsters will be capable of retire with 850 weeks of pension.

Another foremost facet of what’s allowed is the advantage of aged folks in conditions of utmost poverty and with no pension, who will obtain roughly 260 thousand pesos (revised yearly by inflation), to make sure that they don’t seem to be under the intense poverty line.

Source: Ministry of Interior

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