Colombia Retains Minimum Monthly Wage Increase for 2026 Following Supreme Administrative Court Suspension

Colombia has published Decree No. 0159 of 19 February 2026, which retains the minimum legal monthly wage for 2026 at COP 1,750,905. The minimum wage is used for various purposes, including the determination of the maximum social security contribution basis, which is 25 times the minimum legal monthly wage for both employer and employee social security contributions. As previously reported, the minimum wage for 2026 was increased from COP 1,423,500 to COP 1,750,905 by Decree No. 1469 of 29 D…