Within the framework of the public hearing held today by the Seventh Commission of the Senate to discuss the Pension Reform, the Minister of Labor, Gloria Inés Ramírez, stated that this reform does not seek to increase the pension age, nor to change the basic income in the settlement.
“This reform has nothing to do with the pension age, nor with the basic settlement income. The reform has an article in which we will create a commission of economists so that every 4 years they will give a clear report to the Congress of the Republic and the President about the monitoring they do in the system, and the recommendations which is made in time. . ”said the head of the labor portfolio.
He also assured that up to 15 years they will change the pension parameters, but the Petro Government will not do it.
On the other hand, Michell Jana, President of the Stock Market Self-Regulator, assured that the reform does not propose any relevant change in the parameters.
“This project has many design problems. It is emphasized that the pension age will not change, despite the fact that the Colombian population lives eight years longer than when the current ages were approved. It is an irrevocable thing to allow Colombians who earn less than the minimum wage to contribute according to their possibilities, keeping almost 46% of the people working in the country away from the formality, ” Jana explained.
The public hearing also focused largely on the contribution threshold of Colpensiones, a point that many entities and unions have requested to be reduced. Fedesarrollo asked to lower the threshold from 3SMLV to 1 or 1.5.
The purpose of that hearing is to gather the recommendations of all sectors to finish the presentation of the second debate which is expected to be presented in the coming days.