Ley 244 de 1995 | Ley 244 de 1995 — Colombia law | Esheria

Ley 244 de 1995

This provision is the preamble of Law 244 of 1995, which states that the law sets terms for timely payment of severance pay for public servants and establishes sanctions.

Jurisdiction
Colombia
Instrument
Act or statute
Citation
Ley 244 de 1995
Version
Undated source snapshot
Language
es
Updated
Official source
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employer administration late payment consequences payment deadlines payment of amounts owed sanctions severance pay severance pay processing social benefits

Statute overview

About this statute

This provision is the preamble of Law 244 of 1995, which states that the law sets terms for timely payment of severance pay for public servants and establishes sanctions. The employer or the entity that handles severance pay must issue the decision on a severance liquidation request within 15 business days if the request meets legal requirements. La entidad pública pagadora debe pagar las cesantías dentro de 45 días hábiles desde que el acto administrativo quede en firme. Si se retrasa, debe pagar al beneficiario un día de salario por cada día de mora. The State control bodies must ensure that officials paying public servants’ social benefits comply with the law, and they must also oversee that severance pay is processed in the order requests were filed. Las entidades públicas responsables deben presentar balances sobre montos adeudados y, en adelante, sobre aportes y apropiaciones para pagar oportunamente las prestaciones sociales.

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