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Colombia funeral subsidy: min 5 SMLMV → $8,754,525

Funeral subsidy (Law 100 art. 86): last IBC with a 5 SMLMV floor = $8,754,525 and a 10 SMLMV cap = $17,509,050.

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Funeral subsidy

COP 8,754,525.00

IBC / pension: COP 2,000,000.00

5 SMLMV floor: COP 8,754,525.00

10 SMLMV cap: COP 17,509,050.00

The 5 SMLMV floor applies.

Law 100 of 1993 art. 86. Educational estimate, not advice.

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Colombia funeral subsidy 2026

The funeral subsidy (Law 100 of 1993 art. 86) covers burial costs. The amount is the last IBC or the last pension payment, with a 5 SMLMV floor and a 10 SMLMV cap.

With 2026 SMLMV $1,750,905: floor $8,754,525; cap $17,509,050. An IBC of $2,000,000 is raised to the floor.

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Formula

Funeral subsidy

min(max(IBC, 5 × SMLMV), 10 × SMLMV)

ItemValue
2026 SMLMV$1,750,905
5 SMLMV floor$8,754,525
10 SMLMV cap$17,509,050
IBC $2,000,000$8,754,525
IBC $10,000,000$10,000,000
IBC $20,000,000$17,509,050

Common mistakes

  • Paying only a low IBC ($2M) without the 5 SMLMV floor.
  • Exceeding 10 SMLMV when the IBC or pension is higher.
  • Confusing it with bereavement leave (Law 1280, 5 working days).

Whoever pays the funeral costs of a social-security affiliate or pensioner, under Law 100 art. 86.

No. Educational estimate. Check with your EPS, pension fund, or accountant.

Informational estimate

Educational content, not legal advice. Law 100 of 1993 art. 86.