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New rules to remove cesantías

Economics Writing.

A new decree, which presented these marts to President Iván Duque, will allow Colombians to use cesantias to prepare for higher education.

In the event of termination of the employment contract, the employer may withdraw the sums paid to him in a fund of Cesantías.Pixelabay

This March, October 1, President Ivan Duque presented a decree to which Colombians could remove their canteens and destine them for the education of their children, nephews or dependents by means of the programmed educational insurance.

With Decree 1562 of 2019, the possibility is opened for Colombians to generate a resource for the purchase of insurance and the preparation of dependents. “With this decree we have succeeded in making a person who is able to partially withdraw resources from his sureties to purchase an educational insurance for his children, his nephews or his brothers in the university,” explained Duque in the presentation of the document.

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Among the requirements for these retreats is that Colombians must be active in the National Fund for the Fund or in private funds, certify the financial dependency and present the procedures to the incumbent company.

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According to the decree, "The Fund of Cesantías the employer, as the case may be, shall be paid within five skillful days following closure by any worker who has submitted the request for compliance with all the requirements laid down by the rules. in force for the retirement of cesantías ".

In the event of termination of the employment contract, the employer may withdraw the sums paid to him in a fund of Cesantías.

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In accordance with the mandate, will also be resources that can be reversed for the pension. “We are allowing in Colombia to consolidate these tools: the programmed improvement and the educational insurance”.

Moreover, Duke said that with this change “not in Colombia is a tool that complements what we are getting in education, because this year, at least in public education, we get 80,000 young people studying for free at public universities”

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On the other hand, the procedures of retirement of cesantías can adelantarse by means of virtual channels enabled by the cesantías fondos.


2019-10-01T18: 30: 28-05: 00


2019-10-01T19: 01: 18-05: 00



Economics Writing.


Ojo! New rules to remove cesantías




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