Regulatory Alerts2022-01-13 | DOF 5640566Added · Updated
Modifications and Additions to the General Provisions on Operations of the Retirement Savings Systems
The National Retirement Savings System Commission modifies retention periods for administrative records, requiring Administradoras to store individual account information for at least ten years of active management and ten years post-management, while allowing electronic storage via Operating Companies. The rules establish a new 'Auto-linking' mechanism for registered workers using mobile apps, standardize the Mobile Registration request process with a two-day validity, and mandate real-time validation of biometric and personal data against the National SAR Database. Additionally, the effective date of previous modifications published on June 29, 2021, is adjusted to facilitate implementation, and specific provisions regarding video consent for registration on non-worker devices and the calculation of indemnities are clarified.