Introduction to the Pension Fund for Well-being (FPB)
The Pension Fund for Well-being (FPB) has returned a total of 3,557 million pesos from inactive accounts that were previously held in Afore accounts but were claimed by their rightful owners or beneficiaries. This amount represents nearly 15% of all inactive Afore accounts transferred to the FPB for initial funding.
Complementary Pension Payments
Since its establishment until the end of September 2025, the FPB has paid out 201.26 million pesos in pension complements to workers. In the third quarter of 2025 alone, the FPB returned 767.61 million pesos and paid out 69.72 million pesos in pension complements.
Financial Growth of the FPB
By the end of the third quarter in 2025, the Pension Fund for Well-being had accumulated resources worth 54,349 million pesos, which is 1,239 million pesos more than the previous quarter.
Creation and Purpose of the FPB
The Pension Fund for Well-being was created in 2024 to provide pension complements to workers from the Afore generation who earn less than the average Seguro Social contributor, ensuring they receive 100% of their last salary upon retirement.
To fund the FPB, the federal government amended IMSS, ISSSTE, and Infonavit laws. This allowed transfers of retirement and housing savings from inactive accounts of individuals aged 70 or older, who had not claimed them, to the FPB.
Initially, the FPB was funded with 24,238 million pesos from inactive Afore accounts. However, only 14.67% of these transferred, unclaimed resources have been returned to the account holders or their beneficiaries.
Workers’ Rights and Mechanisms for Resource Recovery
According to the law, workers have an inalienable right to claim their resources, even if transferred to the FPB. A mechanism exists for any worker or their beneficiaries to request the return of their savings from the Social Security Institute or ISSSTE at any time.
Every quarter, the FPB’s technical committee reports on the amount returned to workers from transferred resources.
Recent Developments and Legal Challenges
Technical Committee Approvals
During the fourth ordinary session of the FPB’s technical committee in December 2025, reports and financial statements for the third quarter of 2025 were approved. The committee also approved its work plan for 2026, operational expenses, fiduciary honorariums, actuarial evaluation of its assets, and the session calendar for the current year.
Legal Challenges
By the end of September 2025, there were 64 amparo lawsuits against the FPB, contesting its constitutionality and the transfer of resources from inactive Afore accounts. Additionally, 96 labor lawsuits had been filed, demanding the Banco de México, as the FPB’s fiduciary, return their resources allegedly transferred to the FPB.
Key Questions and Answers
- What is the Pension Fund for Well-being (FPB)? The FPB was established in 2024 to provide pension complements to workers earning below the average Seguro Social contributor, ensuring they receive 100% of their last salary upon retirement.
- How was the FPB funded? The FPB was initially funded with 24,238 million pesos from inactive Afore accounts, transferred under government-amended laws.
- What legal mechanisms are in place for workers to claim their resources? Workers have an inalienable right to claim their resources, even if transferred to the FPB. A mechanism exists for any worker or their beneficiaries to request the return of their savings from the Social Security Institute or ISSSTE at any time.
- What recent developments and legal challenges has the FPB faced? The technical committee approved reports, financial statements, and plans for 2026. There have been 64 amparo lawsuits contesting the FPB’s constitutionality and resource transfers, along with 96 labor lawsuits demanding returned resources from the Banco de México.
