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Colombia old-age pension amount: $2M → floor $1,750,905

Old-age pension amount (Law 100 art. 34 / Law 797 art. 10): 65.5% − 0.5×(IBL/SMLMV), between 55% and 65%, + 1.5% per 50 weeks after 1,300; 80% cap; 1 SMLMV floor = $1,750,905.

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Results

Monthly pension

COP 1,750,905.00

IBL: COP 2,000,000.00

Rate: 64.93%

IBL × %: COP 1,298,577.34

1 SMLMV floor: COP 1,750,905.00

Eligible: ≥ 1,300 weeks (art. 33).

Law 100 of 1993 art. 34 (Law 797/2003 art. 10). Educational estimate, not advice.

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Colombia retirement: woman 40 + 500 weeks → age 57

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Colombia disability pension: $2M → floor $1,750,905

Disability pension (Law 100 arts. 39–40): PCL ≥ 50% and ≥ 50 weeks. 45% or 54% of IBL plus extras; 75% cap; 1 SMLMV floor = $1,750,905.

Colombia 14th pension: 3 SMLMV → $5,252,715

14th pension (Law 100 art. 142 / AL 01 of 2005): June extra equal to the pension only if it was caused before 31 Jul 2011 and is ≤ 3 SMLMV = $5,252,715.

Colombia old-age pension amount 2026

The amount of the old-age pension (Law 100 of 1993 art. 34, Law 797 of 2003 art. 10) is a percentage of IBL. Distinct from the age and weeks gate (art. 33).

With IBL $2,000,000 and 1,300 weeks the rate is near 65%, but 65% of $2M ($1,298,577.34) sits below the floor → $1,750,905. With IBL $4,000,000 and the same weeks: $2,574,309.34. With 2,000 weeks the 80% cap is $3,200,000.

Calculate my old-age pension amount →

Formula

Old-age pension amount

65.5% − 0.5 × (IBL/SMLMV), between 55% and 65%; + 1.5% per 50 weeks after 1,300; 80% IBL cap; 1 SMLMV floor.

ItemValue
2026 SMLMV (floor)$1,750,905
IBL $2,000,000 / 1,300 weeks$1,750,905
IBL $4,000,000 / 1,300 weeks$2,574,309.34
IBL $4,000,000 / 1,800 weeks$3,174,309.34
IBL $4,000,000 / 2,000 weeks (80% cap)$3,200,000

Common mistakes

  • Using disability/survivors 45%/75% instead of art. 34's 65.5%−0.5s / 80% cap.
  • Skipping the 1 SMLMV floor when IBL is low.
  • Asking for an amount with fewer than 1,300 weeks.

No. Age lives in art. 33. This tool only estimates the amount (art. 34) once 1,300 weeks are in.

No. Educational estimate. Check with Colpensiones, your fund, or accountant.

Informational estimate

Educational content, not legal advice. Law 100 of 1993 art. 34 (Law 797/2003 art. 10).