The controversial Pension Fund for Wellbeing is born

The controversial Pension Fund for Wellbeing is born

MEXICO CITY (apro).— This Wednesday the Technical Committee of the Pension Fund for Wellbeing was installed, created after the approval of a controversial reform in the Congress of the Union last April. Promoted by the government of Andrés Manuel López Obrador, the Pension Fund for Wellbeing seeks to guarantee access to a decent pension for … Read more

Protections are raining against the pension fund; law firm anticipates more litigation

Protections are raining against the pension fund;  law firm anticipates more litigation

A total of 727 employees of private companies and the government filed the first claim for protection against the Pension Fund for Welfare, which came into force on May 1. Rodolfo Martínez Ayala, partner at Trusan & Roma, a legal firm that represents the protesters, explained in a message via social networks that the reform … Read more

It’s a 10-year projection.

It’s a 10-year projection.

He Pension Fund for Welfare will cost 130 billion pesos In the next ten years, he noted Gabriel Yorio, Undersecretary of the Treasury. In a conference, he announced that this government will leave 60 billion pesos ready for the stock market to begin operations, resources that will be obtained from the inactive accounts of the … Read more

López Obrador assures that he will leave politics, not the country

It’s a 10-year projection.

He President Andrés Manuel López Obrador denied that, at the end of his mandate, will leave the country. In his morning press conference he stated that will stay, “not in the government”, but in Mexicolike any other citizen. Let it be clear, then: one thing is that I retire from politics, that I retire, and … Read more

Chamber of Deputies generally endorses the pension reform

Chamber of Deputies generally endorses the pension reform

This Monday, the deputies of Morena and allies (PVEM-PT) endorsed the creation of the Pension Fund, which contemplates taking unclaimed resources from the Afore. Opposition legislators showed their rejection of the reform promoted by President López Obrador. At 2:22 p.m., the discussion began, in the plenary session of the Chamber of Deputies, of the opinion … Read more

Senators from Morena and allies generally approve the Pension Fund for Wellbeing

Senators from Morena and allies generally approve the Pension Fund for Wellbeing

The Plenary of Senate of the Republic generally approved the creation of the Pension Fund for Welfarewith which the government will be able to use 40 billion pesos of the Afore savings of people over 70 years old, who have not yet retired. ‼️EXTRA‼️ The senator is about to be hit @ManceraMiguelMX and the Morenoist … Read more

They reform protection and amnesty laws; deputies carried out legislative processes

It’s a 10-year projection.

Without accepting any of the 86 reservations presented for the opposition, Morena, PT and PVEM in the Chamber of Deputies they completed the reform what prevents judges from granting protection with general effects and cancels your power to grant suspensions in exceptional cases. During the seven hours of discussionlegislators of the PAN, PRI, PRD and … Read more

The 4T in San Lázaro consummates the approval of the Pension Fund for Wellbeing; goes to the Senate

The 4T in San Lázaro consummates the approval of the Pension Fund for Wellbeing;  goes to the Senate

MEXICO CITY (apro).- Deputies from Morena and allies approved in general and in particular the creation of the Pension Fund for Wellbeing, which seeks to dispose of the savings of workers over 70 years of age who have not been claimed from the Afores and which amount to more than 40 billion pesos. With 251 … Read more

Balance of inactive Afore accounts will “temporarily” go to the Pension Fund: Yorio

Balance of inactive Afore accounts will “temporarily” go to the Pension Fund: Yorio

MEXICO CITY (apro).- According to the Secretary of the Treasury, the recent pension reform proposed by a Pension Fund for Wellbeing will not entirely touch savings from inactive accounts but rather the source of financing will mostly be budget savings. . When participating in the 87th Banking Convention, Gabriel Yorio, Undersecretary of the Treasury, stated … Read more

AMLO attacks Afore Azteca: it refuses to return unclaimed pensions because it administers them

AMLO attacks Afore Azteca: it refuses to return unclaimed pensions because it administers them

MEXICO CITY (apro).- To expose a case of money not claimed by workers, who keep the Afores, President Andrés Manuel López Obrador exhibited what Azteca, by Ricardo Salinas Pliego, has not returned to Social Security, despite that is established in the law. “We are noticing that they do not want to return unclaimed pensions to … Read more