Mexico’s Pension Wellbeing Fund Reaches 55.36 Billion Pesos as Refunds Hit 4.46 Billion
The program taps unclaimed Afore balances to boost low pensions under rules that preserve an unlimited right to reclaim savings.
Overview
- The fund’s accounting assets stood at 55,356 million pesos at the end of 2025 after a 21% gain that year, helped by nearly 10,000 million pesos in inflows including 5,061 million pesos transferred by Afores in June 2025.
- Since launch through year‑end 2025, the fund returned 4,458 million pesos to people who claimed inactive Afore savings, including 901.26 million pesos in the fourth quarter.
- The fund has paid 289.61 million pesos in pension complements through the end of 2025, targeting workers whose Afore‑based pension falls below their last salary.
- Officials report 16,763 million pesos set aside as reserves to cover full repayment if all transferred inactive balances are later claimed.
- Legal exposure remains with 177 cases filed by end‑2025, including 65 amparos and 112 labor suits; Banxico, named in 36 labor cases as the fund’s trustee, says first‑instance rulings have been issued in 24 cases with 18 decisions in its favor.