# Colombian social security and pension reforms > Live situation record from CLSTR: https://clstr.news/situations/colombian-social-security-and-pension-reforms > Updated: 2026-10-22T21:05:59.000Z. Sources: 5. Developments: 2. The Colombian government has introduced several measures to reform the management of social security and pension funds. In October 2026, the Ministry of Finance issued Decree 1490, which removed a 30% cap on foreign investments for mandatory pension funds. This reversal of an April 2026 restriction was intended to allow private pension administrators to improve portfolio profitability and risk management through international diversification. Concurrently, the Ministry of Labor proposed a technical initiative to simplify social security enrollment by creating a unified process for health, pension, and occupational risk affiliation. This proposal aims to centralize administrative tasks and reduce bureaucracy. Additionally, the Ministry is working to restore administrative autonomy to 11 family compensation funds by lifting state interventions following technical evaluations, while structuring new legislation to provide legal certainty to these entities. ## Timeline ### 2026-10-22: Colombia Ministry of Labor proposes social security reforms Colombia's Ministry of Labor proposes a single enrollment process for health, pensions, and labor risks, while planning to restore autonomy to 11 intervened family compensation funds. 2 sources. https://clstr.news/cluster/colombia-ministry-of-labor-proposes-social-security-reforms ### 2026-10-07: Colombia removes 30% cap on foreign pension fund investments Colombia has eliminated the 30% limit on foreign investments for pension funds, allowing administrators more flexibility to diversify portfolios and seek higher international returns to protect worker savings. 3 sources. https://clstr.news/cluster/colombia-removes-30-cap-on-foreign-pension-fund-investments --- Cite as: Colombian social security and pension reforms. CLSTR, https://clstr.news/situations/colombian-social-security-and-pension-reforms