Colombian Pension Reform Project Debate: Updates and Analysis

2024-04-03 23:41:52

The pension reform project is still alive in the Legislature, after in the plenary session of the Senate this Wednesday the presentation that requested its archive received 50 votes against and only 41 in favor, as stated in her presentation by Senator Lorena Ríos, from Colombia Justa Libres, since October of last year.

After that first vote of the day, the Senate plenary began the discussion of the second presentation that also requests that this government initiative be archived, which was presented by Senator Honorio Henriquez, of the Democratic Center party, who agrees that this project It is unsustainable in the long term, nor does it solve other serious problems of the current system.

He says that said project, as it was presented, has unconstitutionality defects, which is why they insist that the project be archived. The Legislator warns that the initiative is not progressive and increases the pension age by imposing 150 more weeks of contributions on women without children. It also violates the right of choice and the possibility of inheriting the savings that a person has accumulated for their retirement.

In a recent interview with EL TIEMPO, Senator Ríos had said that she had proposed “that this project be withdrawn and that we build a pension reform with the learning and all the elements that we already have, because the reform is needed but not that of project 293.” .

According to the senator, if the pension reform project is approved as drafted, the Constitutional Court will most likely overturn it. According to Ríos, the same article 48 of the Political Constitution establishes financial sustainability as a constitutional principle of the social protection system. She also says that the Court itself has developed the principle of progressivity and progressivity implies that systems must improve processes.

“President Petro has a government policy, but I cannot convert a government policy with what they call a pension into a subsidy as a state policy,” the legislator said at the time.

1712192258
#Senate #plenary #voted #archival #report #pension #reform

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.