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Afores Transferred 5,061 Million Pesos to the Welfare Pension Fund: Consar
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In the framework of its first anniversary, the Pension Fund for Welfare received an injection of 5 billion pesos, from 210,100 individual accounts registered in the Savings System for Retirement, according to information from the National Commission of the Savings System for Retirement, Consar. Through a statement, it explained that, of the total, 3,318.6 million pesos were under direct administration of the Afores, 211,1 million in concentrated…
MEXICO CITY.- One year after the establishment of the Welfare Pension Fund, the Retirement Savings System (SAR) carried out the second annual transfer of resources, totalling 5 billion pesos, from inactive individual accounts administered by Afores, concentrator accounts, as well as resources from INFONAVIT and FOVISSSTE. According to the National Commission of the Retirement Savings System (Consar), the transfer took place on June 2nd and corre…
The Afores transferred 5,061 million pesos of savings for the withdrawal that were in inactive accounts to the Pension Fund for the Welfare, this in the framework of their first anniversary, the National Commission of the System of Savings for the Retirement (Consar) reported. Of the resources transferred, 3,319 million pesos were under direct administration for the Afores. While 1,531 million pesos were resources for housing administered by the…
One year after the creation of the Pension Fund for Welfare, the Retirement Savings System (SAR) made its second annual transfer of funds, totaling 5.61 billion pesos, from inactive individual accounts managed by Afores, concentration accounts, as well as resources from Infonavit and Fovissste. According to the National Commission of the Retirement Savings System (Consar), the transfer took place on June 2 and affected 210,000 individual account…
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