The development
The Superintendence of Pensions states that, from wages for August 2026, employers must declare and pay a contribution of 3.5% of an affiliated employee's pensionable earnings.
The contribution forms part of the gradual implementation of pension reform. Its allocation and exceptions must be reviewed under the applicable regime.
Why it matters
HR and accounting teams should compare payslips with payroll system settings and pension declarations to avoid improper charges or deductions.
Sources
Published by Piracés Abogados · 12 October 2026. General information: its scope must be assessed in light of the circumstances of each matter.