On Jan. 10, CLB SFC announced deadline for some pension members.
CLB SFC reported the deadline for Colpensiones members to choose their individual savings complementary component administrator (ACCAI) ends on Jan. 16, 2025.
Highlights
Applicable to Colpensiones members whose monthly income exceeds 2.3 times the current legal minimum monthly wage (SMLMV) and who are not in a transition regime.
It can be conducted at Colpensiones or directly at the ACCAI selected only once.
Those who have not chosen within the established time, will be randomly assigned.
The list of authorized ACCAIs is on CLB SFC's website, it will be updated if necessary.
Following Law 2381, contributors could change ACCAI after 6 months of permanence.
Effectiveness
Law 2381 of 2024 or the comprehensive social protection system for elderly people, persons with disability, deaths of common origin will come into force on Jul. 1, 2025.
From that date, the selected ACCAI will begin to manage the pension resources.
Regulators
CLB SFC
Entity Types
B/D; Bank; IA; Ins; Pension
Reference
PR, 1/10/2025
Functions
Compliance; Financial; Legal; Reporting
Countries
Colombia
Category
State
N/A
Products
Banking; Fund Mgt; Insurance; Pensions; Securities
