Colombian public pension fund reached record-high profits at $67 mn in 2020

Public pension fund company, Colpensiones, registered 79,000 new beneficiaries last year, reaching a total of 1.43 million. In 2020, its profit also jumped to an all-time-high $67 million ( COP 243,000 million) after four years of the consecutive of gains. Since 2018, it has reported an accumulated 92.8% increase in profit.

Source: La República