Colpensiones

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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.

Porvenir affiliates have until July 16 to request a transfer between pension regimes under Law 2381 of 2024.

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The State Council suspended the transfer of 5 trillion pesos from pension fund administrators to Colpensiones. The government expressed deep concern over the impact on pension payments. President Gustavo Petro criticized the decision and announced legal action.

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