Voluntary pension: save for your retirement
A voluntary pension is flexible savings to top up your pension or build the capital you want for retirement.
Companies compared: voluntary pension
Included in the base planOptional or partialNot available
| Coverage |  SURA★ Recommended |  Bolívar★ Recommended |  Allianz |  AXA Colpatria |  Mapfre |  Solidaria |
|---|---|---|---|---|---|---|
| Scheduled savings | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Returns depending on the plan | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Flexible contributions | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Tax benefits | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
For guidance only: coverage is governed by each policy’s terms.
What does it cover?
- Scheduled savings
- Returns depending on the plan
- Flexible contributions
- Tax benefits
Savings and investment product subject to the provider's terms.
Voluntary pension: frequently asked questions
What is a voluntary pension in Colombia?
It's savings you make on your own to top up your mandatory pension or build capital for retirement. You decide how much and how often you contribute, and returns depend on the plan you choose.
How much do I have to contribute?
There's no single amount: each plan sets a minimum contribution and you choose the amount and frequency. Depending on the plan, you can adjust your contributions over time. We show you the options for free.
Does a voluntary pension have tax benefits?
It can. Under article 126-1 of the Tax Statute (Estatuto Tributario), contributions can be exempt income, up to certain limits. If you withdraw before 10 years, except for housing or retirement, they may become taxable. Check your case with your accountant.
Can foreigners open a voluntary pension in Colombia?
Each provider sets its own requirements, including which ID it accepts. Usually you need your ID, the enrollment form and a first contribution. Tell us your ID type and your goal, and we check your options.
How do I choose a voluntary pension plan in Colombia?
Compare the minimum contribution, fees, returns, investment options and withdrawal conditions. From Medellín, we do it with you with SURA, Bolívar, Allianz and other insurers, at no cost.
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Interested in voluntary pension?
Get a voluntary pension quoteCoverage, premiums, deductibles and conditions depend on each insurer’s review and underwriting rules. This information is for guidance only and does not replace the policy terms.