Sunday, December 10, 2023

What happened to the pension reform process in the Senate?

Pension reform is another project of the Gustavo Petro government that is being considered in the Congress of the Republic. The initiative was approved by the Seventh Commission in the last legislative period, but the second debate in the full Senate has not yet begun.

A public hearing was held on September 11 where lawmakers heard concerns from union representatives and other stakeholders in the system. After that, however, expectations focused on the date the presentation would be submitted.

It is known that members of Congress are waiting for a concept from the Treasury Department on the fiscal effects of the reform. Once this statement is available, details of the presentation will be adjusted, but sources say that the representatives of the communities will also decide whether to accompany the text or not.

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“We have studied very carefully the articles and proposals that emerged from the analysis of the presentation and are waiting for the Ministry of Finance’s concept to reach us to support this pension reform. All senators have requested this in the commission. We are attentive so that we can analyze it and start submitting the presentation,” said Mira Party Senator Ana Paola Agudelo.

Sources in the Senate said there is no certainty yet as to when the second debate on the project will begin. They consider it necessary to know the explanation of the Ministry of Finance.

It should be noted that the Seventh Commission of the Senate has created technical tables in which the government and trade unions participate.

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Nation World News Desk
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