Who is Afore PensionISSSTE?
Afore PensionISSSTE is the only public pension fund among the 10 Afores in Mexico. It uniquely distributes its profits to its account holders, who work both in the public and private sectors, including those covered by IMSS and independent workers.
Relevance of Afore PensionISSSTE
Édgar Díaz, the executive board member of Afore PensionISSSTE, emphasized their commitment to transparency and accessibility for all account holders. The organization’s focus on distributing profits back to its members sets it apart from other private Afores.
Key Figures and Achievements
- Account Management: By the end of June 2025, Afore PensionISSSTE managed 2.52 million individual retirement savings accounts with a total of 503,913 million pesos. This places them as the seventh-largest Afore in terms of account numbers and sixth-largest in terms of managed resources.
- Profit Growth: In the first half of 2025, Afore PensionISSSTE achieved a net profit of 1,155 million pesos, marking a 51% increase compared to the same period in 2024.
Community Engagement and Services
Afore PensionISSSTE actively participates in events like the Feria de las Afores to maintain close relationships with their account holders. They address doubts, manage pending trails, and offer services such as balance inquiries and statement printing.
Call to Action: Complete Electronic Fingerprints and Beneficiary Designation
Édgar Díaz encourages account holders to complete their electronic fingerprints and verify personal information. Additionally, it is crucial for account holders to designate beneficiaries for their retirement savings accounts. This ensures that in case of unforeseen circumstances, family members can access the funds without any issues.
Key Questions and Answers
- What makes Afore PensionISSSTE unique? Unlike other private Afores, Afore PensionISSSTE is public and distributes its profits back to account holders.
- What services does Afore PensionISSSTE offer? They provide balance inquiries, statement printing, and assistance with pending trails. Additionally, they participate in events like the Feria de las Afores to engage with account holders.
- Why is it important to complete electronic fingerprints and designate beneficiaries? Completing electronic fingerprints ensures accurate personal information, while designating beneficiaries allows family members to access funds in case of emergencies.
