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Pension Fund for Wellbeing: How will it benefit future pensioners?

Heading towards the end of his six-year term, Andrés Manuel López Obrador ‘accelerates’ compliance with 100 percent pensions for workers of your salary recorded in the last job and not 60 percent, as it works until now.

After the Senate of the Republic will approve the Welfare Pension Fund, AMLO commented on the morning of Friday, April 26 that on Wednesday, May 1 the entire procedure and operating rules will be presented that workers will have to do to obtain a fair retirement.

It also foresees that on this symbolic date for the workers, the law decree will be published in the Official Gazette of the Federation (DOF).

The Morenista calculates that one month after May 1, that is, On June 1, the first Mexican worker can benefit with the compensatory pension, thanks to the Pension Fund for Wellbeing.

What is the Pension Fund for Wellbeing?

The Pension Fund for Wellbeing It is an initiative of Brunette and has cOur objective is to reform article 302 of the Social Security Law.

The modification now allows resources from inactive Afore accounts to be used after the owner has turned 70 years old.

How will the Welfare Pension Fund be financed?

The Fund is will constitute with 40 billion pesos and will be complemented with the pensions of people who began to contribute to the Mexican Social Security Institute (IMSS), as of July 1997.

Other resources that could be taken so that the workers have a 100 percent pension are those obtained by the Institute to Return the Stolen to the People and profits from AMLO’s flagship works, such as the Mayan TrainMexicana de Aviación and the Transisthmian Train.

These financial resources will help workers’ pensions are equal to their last salary, especially for those who earn 16 thousand pesos or less per month.

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