AFP
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.
President Ferdinand Marcos Jr.’s trust in the Armed Forces of the Philippines remains intact despite the National Bureau of Investigation raising the possibility that a soldier was the hitman allegedly hired by Vice President Sara Duterte to kill him. Malacañang said the NBI should be allowed to continue its probe. This comes as the House justice committee found probable cause for Duterte’s impeachment on Wednesday.
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Jaime Dussán, president of Colpensiones, defended the decree ordering the transfer of nearly $25 billones in savings from AFP to the public entity, dismissing concerns over liquidity and profitability. The measure affects 119,632 affiliates who switched regimes, as the financial sector warns of risks to savings. Decree 0415 of April 20 regulates these transfers amid judicial review of the pension reform.
In case of war, the Philippines must fight and defend itself first before seeking help from the United States and other allies, Armed Forces of the Philippines chief Gen. Romeo Brawner Jr. said. He made the remarks in a speech at the opening of this year’s ninth Armed Forces Joint Exercise “Dagat-Langit Lupa” (AJEX-DAGITPA) at Camp Aguinaldo.