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Dramatic courtroom scene illustrating Colombia's State Council suspending $25 trillion pension fund transfer to Colpensiones, with symbolic money halt and concerned savers.
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State Council suspends partial transfer of $25 trillion to Colpensiones

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Colombia's State Council suspended Chapter 5 of Decree 415 of 2026, ordering AFP to transfer $25 trillion immediately to Colpensiones. The precautionary measure affects savings of those who switched regimes but have not yet met pension requirements. Asofondos requested extending the suspension to the remaining $5 trillion.

The Tribunal Administrativo de Cundinamarca has backed the Consejo de Estado ruling that suspends transfers of funds from AFP private pension administrators to Colpensiones. The decision drew criticism from President Gustavo Petro and Labor Minister Antonio Sanguino. Colpensiones stated that resources belonging to 129,000 people who switched regimes must be moved to cover pension payments.

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A Bogotá court admitted a group action in August 2025 against more than 50 financial entities for alleged harm caused by delays in applying the 4x1000 tax reform.

Colombia's Labor Minister Antonio Sanguino defended the government's labor and pension reforms at the XIX Asofondos Congress, representing President Gustavo Petro. He respectfully urged the Constitutional Court to advance its review of the suspended pension reform. He highlighted preliminary progress despite the suspension.

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Colombia's National Business Council warned that the emergency patrimony tax inflicts irreversible patrimonial damage on thousands of firms. President Natalia Gutiérrez criticized the government's repeated arguments despite prior court rulings. The group proposed suspending the decree.

Colombia's Comptroller General revealed regulatory gaps and weaknesses in precautionary measures imposed by the Family Subsidy Superintendency (Supersubsidio) on Family Compensation Funds (CCF). The study reviewed 24 interventions from 2019 to 2023, finding most unsatisfactory. It influenced a Constitutional Court ruling mandating a new regime by 2027.

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The National Federation of Business Merchants (Fenalco) announced it will file a nullity lawsuit against Decree 234 of 2026, arguing the government exceeded its regulatory powers by changing collective bargaining rules without congressional approval. The group also requested provisional suspension of the decree pending resolution.

 

 

 

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