Regulatory Alerts2017-12-21 | DOF 5508577Added
General Provisions Designating the Days in 2018 When Retirement Fund Administrators and Related Entities Must Close and Suspend Operations
The National Commission for the Retirement Savings System designates specific dates in 2018 as non-working days for retirement fund administrators, similar public institutions, specialized retirement investment societies, and National SAR Database operating companies, requiring them to close their doors and suspend operations on January 1, February 5, March 19, 29, and 30, May 1, November 19, and December 25, in addition to weekends. The Commission itself suspends operations on these dates plus November 2, while mandating that online services consulted by Social Security Institutes remain functional on working days. These designated days are also considered non-working for filing and resolving administrative appeals under Article 102 of the Retirement Savings Systems Law and for calculating information delivery deadlines. The Commission retains the authority to order closures on other days, permit operations for inspection purposes, or authorize additional closure days upon request, with these provisions entering into force on January 1, 2018, and repealing the corresponding 2017 provisions.
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