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Strengthening Colombia's Pensions System

This technical cooperation will support the efforts to strenghten the managment of social security in Colombia, by improving diagnoses and designing improvement strategies. Specifically, it aims at: (i) support to modernize information on labor histories; (ii) support to strengthen supervision and enforcement of social security contributions. This will be achieved by, first, supporting agencies in the identification of institutional adjustments that improve responsibility assignment and standarize the production and exchange of data. Second, the TC will support agencies in building diagnoses about the quality and opportunity of data and roadmaps to digitalize and adjust information flows. Also, it will support agencies in the identification of the costs and advantages of adopting new technologies like blockchain. This is a promising technology that can improve social security management, since it increases safety, facilitates decentralization and can incorporate smart contracts that guarantee the adequate compliance of existing regulations. Also, it allows users to track their contributions in the long run, providing them with a legitimate compilation of their contribution histories by the time they retire.

Project Detail

Country

Colombia

Project Number

CO-T1474

Approval Date

July 24, 2018

Project Status

Closed

Project Type

Technical Cooperation

Sector

SOCIAL INVESTMENT

Subsector

PENSIONS & SOCIAL SECURITY

Lending Instrument

-

Lending Instrument Code

-

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

Category C: Likely to cause minimal or no negative environmental and associated social impacts

Total Cost

USD 200,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 200,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/OC-16824-CO Sovereign Guaranteed USD - United States Dollar Ordinary Capital Nonreimbursable
Operation Number ATN/OC-16824-CO
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Nonreimbursable

Can’t find a document? Request information

Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1401427324-7
Approved TC document
Anexo IV Plan de Adquisiciones CO-T1474.xlsx
Aug. 28, 2018
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-668285972-3
Approved TC document
CO-T1474_SPF_20180702_1408.pdf
Aug. 28, 2018
English
https://www.iadb.org/document.cfm?id=EZSHARE-668285972-4
Approved TC document
CO-T1474_SSF_20180702_1408.pdf
Aug. 28, 2018
English
https://www.iadb.org/document.cfm?id=EZSHARE-703514155-17
Notice of Contract Award (SG)
Univ de los Andes Aviso de Adjudicacion de Contrato.docx
May. 28, 2019
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-1401427324-12
Approved TC document
TC Document CO-T1474 PUBLIC.pdf
Aug. 28, 2018
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-1401427324-4
Approved TC document
Anexo I Cartas de Solicitud CO-T1474.pdf
Aug. 28, 2018
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-1401427324-5
Approved TC document
Anexo II Matriz de resultados CO-T1474.xlsx
Aug. 28, 2018
English
https://www.iadb.org/document.cfm?id=EZSHARE-1401427324-6
Approved TC document
Anexo III Terminos de Referencia CO-T1474.pdf
Aug. 28, 2018
Spanish
Other Documents
https://www.iadb.org/document.cfm?id=EZSHARE-1852603907-17
Publication
hacia-mejores-mecanismos-de-protecion-de-riesgos-para-la-clase-media-y-vulnerable.pdf
Jun. 10, 2020
Spanish
Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1401427324-3
TC Abstract
CO-T1474 TC abstract.docx
May. 18, 2018
Spanish

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