In the pursuit of a secure and financially stable old age, it’s important to be knowledgeable about retirement savings system options.
In Mexico, we have the Afore system. This system, based on contributions from workers, employers, and the government, allows for the accumulation of funds to ensure an adequate pension upon the completion of one’s working life.
If you’re not familiar with Afore and the significant impact it has on your life, the National Commission of the Retirement Savings System (Consar) has introduced a free online course that provides participants with the necessary tools to understand and effectively manage their Afore accounts.
The course, structured into nine comprehensive modules, has been designed for those contributing to the Mexican Social Security Institute (IMSS).
Each module focuses on different crucial aspects of retirement savings and aims to empower workers with the knowledge needed to make informed decisions about their financial future.
- Module 1: Envisioning the Future
- Module 2: The Individual Afore Account
- Module 3: Management of the Individual Account
- Module 4: Resource Investment
- Modules 5 and 6: Voluntary Savings and Efficient Supervision
- Modules 7, 8, and 9: Data Updates and Withdrawal Methods
The final modules center on the importance of keeping data updated in individual accounts, the process of changing Afores, and methods of withdrawing funds.
This knowledge is essential for understanding the various pension options according to the Social Security Law and for designating beneficiaries in case of demise.
This free course, developed by Consar, presents a unique opportunity to enhance workers’ financial education and take concrete steps toward a dignified and stable retirement.
How to Access the Course?
Accessing this important course is something you should do immediately. The course is available on the CONSAR website, and you can also access the videos on the YouTube channel.
Don’t miss this opportunity—enroll in the course and start building a secure financial future for yourself and your loved ones!
