โŒ

Normal view

  • โœ‡The Rio Times
  • Petroโ€™s Government Forces Private Pension Funds to Hand US$6 Billion to a Public Fund Juan Martinez
    Key Points โ€”Colombiaโ€™s 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. โ€”The money belongs to roughly 119,000 savers who chose to switch from private to public pension management under a 2024 reform; [โ€ฆ] The post Petroโ€™s Government Forces Private Pension Funds to Hand US$6 Billion to a Public Fund appeared first on The Rio Times.
     

Petroโ€™s Government Forces Private Pension Funds to Hand US$6 Billion to a Public Fund

24 April 2026 at 11:27

Key Points โ€”Colombiaโ€™s 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. โ€”The money belongs to roughly 119,000 savers who chose to switch from private to public pension management under a 2024 reform; [โ€ฆ]

The post Petroโ€™s Government Forces Private Pension Funds to Hand US$6 Billion to a Public Fund appeared first on The Rio Times.

โŒ