Which people will be able to continue choosing a private savings fund instead of Colpensiones: they need this age and these weeks of contributions

Colombia's Law 2381 of 2024, known as the pension reform, has received approval from the Constitutional Court, which upheld approximately 90% of the legislation. The reform fundamentally alters the national pension system by centralizing a significant portion of contributors under the public entity Colpensiones.

As a result of these changes, the previous system of free choice between private pension funds and the public provider has been eliminated for a large segment of the population. The new regulations establish specific age and contribution requirements that dictate which individuals retain the ability to opt for a private savings fund instead of the state-run system.