Around 4.5 billion pesos, belonging to 2.2 million inactive accounts, will go from the Institute of the National Housing Fund for Workers (Infonavit) to the Pension Fund for Wellbeing, reported Carlos Martínez Velázquez, director of the organization.
The transfer of these resources plus those that are without movement in the retirement savings administrators (Afore) “does not mean in any way that resources will be taken from the workers,” the Undersecretary of the Treasury, Gabriel, emphasized in a conversation with the media. Yorio González.
Within the framework of the 87th Banking Convention, he explained that the financing sources that are established in the initiative to create the Pension Fund for Wellbeing are budget savings, plus the “inactive assets” of the workers and that are under the administration of the Afore and Infonavit itself.
The initiative consists of creating the Pension Fund for Wellbeing, which will serve to complete up to 100 percent of the last salary the replacement rate of workers who have contributed since 1997. This seed fund will also be fed by defunct organizations such as the National Financial Institution of Agricultural, Rural, Forestry and Fisheries Development. The goal is to save 10 million inactive accounts owned by workers over 70 years of age.
Martínez Velázquez assured that, contrary to what has been promoted, inactive resources are an “imprescriptible right” of workers and the moment the user of an inactive account decides to claim their money, the institution that captured them must pay them.
He accused that before 2020 the inactive accounts went to the current expenses of the institutes. The new design being discussed in Congress, he assured, maintains the guarantee that the moment the resources are claimed by the workers they will be delivered.
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– 2024-04-24 20:31:24
