The new government has removed the 30% cap on international investments by AFPs that was introduced under President Petro, following the issuance of Decree 1490 of October 6, 2026. At the same time, calls to delay implementation of the pension reform by one year are gaining traction.
New draft decree raises concerns across Colombia’s private pension system
March 12, 2026 by
Labor Ministry proposal would require AFPs to transfer more than USD 6.8 billion to the state pension administrator Colpensiones.
