The Afores defend their commitment to workers’ returns

“The Afores emerged in the neoliberal period and was a blow to workers economyespecially to his withdrawal why are safe business for financiers but not for the workers,” the president said in his morning conference.

For the Amafore, the administrators are committed with getting the better long-term results so that maximize the savings from the workers.

“We continue to invest resources in favor of the workers in our country and we are sure that the results of the reform will be positive. Thanks to the reform promoted by the president, in addition to the lowest commissions in the world, the results are a reality for the first generation of retired workers under this regime, who already obtained more and better pensions,” Amafore reported in a statement.

The Amafore highlighted that the reform approved in 2020 has been recognized by governments and international organizations like a viable ideal solution for him future of the pensions.

President López Obrador said that he will soon summon the Secretary of the Treasury, Rogelio Ramírez de la O, and the head of Consar, Iván Pliego, to explain the reasons for the disabilities that have occurred in recent months.

Consar told Expansión that until now they had no information on the president’s changes or proposals.

The Afores recorded a loss of 200.653 million pesos last September due to uncertainty in the stock markets. The Afores have registered in the year, six months with disabilities and three with capital gains.

The Consar has anticipated that this year may be one of the worst since 2018, when the losses due to the cancellation of the NAIM were 9,055 million pesos.