Petroโs Government Forces Private Pension Funds to Hand US$6 Billion to a Public Fund
24 April 2026 at 11:27
Key Points โColombiaโs labour ministry issued Decree 0415 on April 20 ordering private pension funds to transfer approximately 25 trillion Colombian pesos (about US$6 billion) to the state pension fund Colpensiones in 30 days. โThe money belongs to roughly 119,000 savers who chose to switch from private to public pension management under a 2024 reform; [โฆ]
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