Employees pay health 4% + pension 4% (Law 100 of 1993). The base is capped at 25 minimum wages ($43,772,625). Above 4 minimum wages the solidarity pension fund (FSP) adds 1%, up to 2% from 20 minimum wages.
At $2,000,000: $160,000.
Formula
Employee contributions
base × 4% health + base × 4% pension (base ≤ 25 minimum wages)
Example — $2,000,000
| Item | Calculation | Value |
|---|---|---|
| Health 4% | 2,000,000 × 0.04 | $80,000 |
| Pension 4% | 2,000,000 × 0.04 | $80,000 |
| Total | 80,000 + 80,000 | $160,000 |
FAQ
Monthly, on payroll.
Capped base: $43,772,625. Contribution: 8% = $3,501,810 + 2% solidarity fund (FSP) = $875,452.50 (from 20 minimum wages) → $4,377,262.50 total. The FSP starts at 4 minimum wages (1%) and reaches 2% above 20; under 4 minimum wages the total is the 8%.
Informational estimate
Educational content, not legal advice. Law 100 of 1993.