The Consejo Gremial stated that the transfer of $5 trillion from AFPs to Colpensiones within six days is unnecessary to cover pensions for those who switched via the opportunity window.
Natalia Gutiérrez, president of the business association, explained that pensions for the relocated individuals cost approximately $450 billion per year, while their contributions reach nearly $600 billion annually. According to Gutiérrez, these resources are sufficient and even exceed current obligations.
The executive questioned the additional fund transfer by noting that article 76 of Law 2381 requires saving them for future pensions rather than immediate government use. She added that in 2026 IVA revenues would barely cover the cost of the public pension regime.
Gutiérrez revealed that the system faces pressure because eight contributors are needed per minimum pension, though only five exist today. Decree 415 faces 12 lawsuits with precautionary measures, and she urged decisions before May 14 to protect Colombian savings.
