Colpensiones President Jaime Dussán delivered encouraging news for millions of Colombians. On December 23, he stated: “Colpensiones is solid and ready to take on the challenge of raising the minimum wage above double digits.” This when asked about the future of resources for those whose savings are entrusted to the public fund.
The official explained that the financial structure will allow the impact of this measure on pensioners and contributors in Colombia to be managed without setbacks. He stressed that this is a government decision that will benefit more than half of pensioners, especially the 53% whose allowance corresponds exactly to the current minimum wage of $1,423,500, and reiterated that the company will have the necessary resources to absorb the salary increase decided for 2026.
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Analyzing the impact of the increase set by the government, Dussán stated: “We have no difficulties in budgetary matters. We will have the resources necessary to deal with the impact of the minimum wage increase, which would be more than double digits“.
At a time when some experts are warning of possible financial tensions linked to large increases in basic salaries, the message aims to respond to concerns about the ability of colpensiones to guarantee the payment of increased allowances.
Likewise, he stressed that a budget of up to $80 billion is planned for the fiscal year 2026, a figure that includes both normal appropriations and appropriations related to a massive transfer of members from private funds made possible by the “window of opportunity” resulting from the ruling of the Constitutional Court.
“More than 53% of our pensioners receive the minimum wage,” emphasized Dussán. The data supports the relevance of the increase as the measure will have a direct impact on the majority of pensioners. The officer himself explained this “It is a benefit for these pensioners as the national government has taken a decision on this matter.”
Regarding future sustainability, the official noted that Colpensiones is able to absorb the projected influx of new low-income contributors without affecting the company’s financial viability, even if the increase in the minimum wage exceeds inflation.
Referring to the situation inherited from previous governments, Dussán criticized that “the practice of governments is to leave behind atrocities after four years.” He assured that his government is committed to creating a strengthened entity with sufficient reserves for the future.
As part of this strategy, he emphasized that hiring would only be limited until the first semester; “From then on, the responsibility lies with whoever becomes president of this organization,” he explained.
At the regulatory level, the Constitutional Court is expected to allow the addition of up to 17.5 million new contributors from private funds (AFP), the majority of whom will receive the current minimum wage.
The transfer flow from private funds is another key point on Colpensiones’ agenda. According to the official In 2025, 120,000 people were recorded switching from the AFP to the public regime. He specified that the takeover of these new subsidiaries, especially those classified as high risk, was anchored in law.
“Our legal obligation is to accommodate vulnerable members such as firefighters, security guards and security guards.”
The President of Colpensiones clarified that the AFP cannot retain these workers due to current regulations and their transfer to Colpensiones is therefore mandatory.
Regarding the regulatory changes, Dussán recalled that from January 2026 the reduction of the minimum weeks of contributions for women will come into force, a measure that will be implemented gradually in accordance with a court ruling and independently of other legal procedures.
On the other hand, Colpensiones has issued a warning aimed at members between 55 and 60 years old who plan to retire.
The recommended company Review your work history carefully, as accurately recording contributions and contribution weeks is crucial to avoid delays. or inconvenience in recognizing the pension.
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