Ley 445 de 1998 | Ley 445 de 1998 — Colombia law | Esheria

Ley 445 de 1998

This provision identifies Law 445 of 1998 and states its title about special increases to monthly payments and other rules.

Jurisdiction
Colombia
Instrument
Act or statute
Citation
Ley 445 de 1998
Version
Undated source snapshot
Language
es
Updated
Official source
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commencement pension adjustments

Statute overview

About this statute

This provision identifies Law 445 of 1998 and states its title about special increases to monthly payments and other rules. Covered public-sector pensions get three annual increases on January 1, 1999, 2000, and 2001; the total increase is 75% of the positive difference between initial and current pension income, capped at 2 minimum wages, and there is no increase if the difference is negative. This law applies from its sanction and promulgation.

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