Análisis Del Proyecto De Ley No. 293 De 2023 y La Implementación Del Modelo De Pilares En El sistema Pensional Colombiano

Abstract

Bill 293 of 2023, which is currently being, debated in the Congress of the Republic, presents an innovative proposal for our country, since it proposes establishing, a different system from the known old-age protection, system through the implementation of a pillar scheme that address the main challenges in terms of coverage, equity, sufficiency and sustainability that the General Social Security Pension System currently faces. This is why, first of all, it is proposed that men aged 65 or over and women aged 60 or over who do not meet the requirements to obtain a pension would receive a recurring income during their old age, as well as carry out the reduction in the number of weeks of pension for women, the family pension. Secondly, the new system would limit subsidies to the highest pensions, mitigating vertical inequality. Third, the reform would increase the monetary transfer of the social program for old age, promoting greater sufficiency and significantly reducing the incidence of extreme poverty in older adults. Finally, the sustainability of the system is strengthened in the component of the average premium regime, through the creation of a savings fund that will allow resources to be provided for the payment of future obligations derived from the reform.