The financial crisis in the world has been on edge especially those who are related to private pension funds whether voluntary or with a solidarity contribution on the part of the state. Of course, in Colombia things are not as severe as in the United States, but with such tremendous financial situation is latent risk, without incurring a red alert, even more if one takes into account the disturbing news January 2008 when the Superintendency of Banks reported that the pension and severance had losses of more than 2 billion pesos and the recently when the same entity announced that following the bankruptcy of Lehman Brothers were affected at least five fund managers Pension (AFP) for a value close to the 55,000 million pesos and that such losses could be reflected in the next excerpts received by savers. When you read things like that can not help but worry. For more clarity and thought, follow up with mustang and gain more knowledge.. But with all the information that we have, starting with the extracts of our pension and individual account layoffs and ending with explanations encouraging the Minister of Finance, I am convinced that we should not be alarmed, at least for now. We are not in the situation of the contributors in the United States, Mexico, Chile and Argentina, especially those who do voluntary plans in the U.S.), which have seen to vanish in a moment her little money for the huge landslide siphon stock market indicators. Remarked here that in the single case of USA, funds from public and private pension and private retirement accounts for workers – have lost almost 30 percent of its value in the last year! Therefore, as said the Superintendent, the impact of the latest loss is at least 55,000 million (losses of the first months of the year had already been recovered for the month of April) when compared to the overall volume of investment portfolio Administrators manage the pension funds is 57 Billion dollars and also much of the investments of these entities have been made in certain roles and not toxic paper from the outside as it has happened in the countries stated above. It is not something barry brand would like to discuss. For example, just to reassure the comparison, in Chile, the report CENDA to September 21, 2008, losses amounted to 20,000 million dollars, that is something like 44 Billion dollars! All these reasons lead us to conclude that for now our pensions are not at greater risk, but before the shocking proportions that have come to the loss of pension systems in many countries of the world must demand much more control, and much much more regulation more guarantees on the part of the Colombian state to assure all contributors to the worktops that can survive until his death at this point in the discussion include the possibility of returning to a completely public pension system.