Introduction to the Pension Fund for Well-being (FBP)
The Pension Fund for Well-being (FBP) has experienced a 21% growth, amounting to 9,455 million pesos, since its inception. As of the end of September, the FBP held 54,349 million pesos, according to the latest information disclosed by its technical committee.
Background and Purpose of the FBP
Established in May 2024, the FBP aims to supplement pensions for Generation Afore workers earning below the average Seguro Social contributor. The fund was created through reforms in IMSS, ISSSTE, and Infonavit laws, transferring inactive retirement and housing savings accounts of individuals aged 70 or older, unclaimed for extended periods.
Funding the FBP
Initially, the FBP was capitalized with 25,308 million pesos from inactive accounts in the Afores and later received an additional 5,159 million pesos from the Afores and Infonavit in Q2 2025. Annual transfers from the Afores and Infonavit of unclaimed inactive account resources will continue to finance the FBP.
Growth and Distribution of FBP Resources
The growth in FBP resources primarily stems from 5,159 million pesos contributed by inactive Afore retirement accounts in Q2 2025. Despite this growth, the FBP’s resources remain below the initial capital seed of 64,619 million pesos promised by the federal government.
Right to Claim Transferred Resources
Even if a worker’s resources have been transferred to the FBP, their right to claim them remains unlimited. From its inception until Q3 2025, the FBP returned 3,557 million pesos of transferred savings that had been claimed by their rightful owners or beneficiaries.
Key Questions and Answers
- What is the Pension Fund for Well-being (FBP)? The FBP was established in May 2024 to supplement pensions for Generation Afore workers earning below the average Seguro Social contributor.
- How was the FBP funded? The FBP was initially capitalized with 25,308 million pesos from inactive accounts in the Afores and later received an additional 5,159 million pesos from the Afores and Infonavit in Q2 2025.
- What is the current growth of FBP resources? The FBP has experienced a 21% growth, amounting to 9,455 million pesos, since its inception.
- Can workers claim their transferred resources? Yes, workers’ right to claim their transferred resources remains unlimited, even if those resources have been moved to the FBP.
