Overview
- Nine private Afores will charge a 0.54% fee in 2026, while public administrator PensionISSSTE will charge 0.52%, the lowest in the market.
- CONSAR’s tripartite board approved the schedule using a cap methodology based on the arithmetic average of fees in the United States, Colombia and Chile.
- The system’s average fee falls from 0.547% in 2025 to 0.538% in 2026, marking a second straight yearly decline after the 2020 reform introduced an annual cap.
- Afores posted record gains in 2025 with about 1.1 trillion pesos in plusvalías from January to October, and SAR assets exceed 8.2 trillion pesos, roughly 23.3% of GDP.
- About 66.6 million accounts are in the nine Afores lowering fees, implying an average benefit of roughly 104 pesos per account from the 2026 reduction.