Workers in nine Latin American countries have managed to save around $500 billion through their pension systems, but they do not know who they have been financing throughout the years.

Their pension funds are managed, through individual accounts, mostly by private firms. These companies receive a commission for making the money profitable through their investment decisions. The dissemination of this mechanism began in Chile 40 years ago.

Those private firms are known as AFPs in Chile, Peru, Colombia, El Salvador, and the Dominican Republic; as AFAPs in Uruguay; Afore in Mexico; and as OPCs in Costa Rica. Only in Panama are individual accounts managed by the state.

Where Is My Pension? reveals cases of companies that you probably would not have wanted to finance with if you had a say in it: environmental violators, labor violators, and companies investigated for corruption; as well as the role of workers as forced financiers of their governments.

Workers in nine Latin American countries have managed to save around $500 billion through their pension systems, but they do not know who they have been financing throughout the years.

Their pension funds are managed, through individual accounts, mostly by private firms. These companies receive a commission for making the money profitable through their investment decisions. The dissemination of this mechanism began in Chile 40 years ago.

Those private firms are known as AFPs in Chile, Peru, Colombia, El Salvador, and the Dominican Republic; as AFAPs in Uruguay; Afore in Mexico; and as OPCs in Costa Rica. Only in Panama are individual accounts managed by the state.

Where Is My Pension? reveals cases of companies that you probably would not have wanted to finance with if you had a say in it: environmental violators, labor violators, and companies investigated for corruption; as well as the role of workers as forced financiers of their governments.

A dónde va

What companies and governments have benefited from your retirement fund?

Close to 300 billion dollars is what workers in Chile, Peru, Colombia, El Salvador, Costa Rica and the Dominican Republic accumulated until before the pandemic. Here you can find out which entities and companies you financed throughout the 2010-2019 period.

Despite insisting for transparency, pension regulators inMexico and Uruguay were unwilling to report where workers' money has been invested, considering it confidential information. The competent entity in Panama did not provide the requested data either.

¿A dónde va mi pensión?

Choose your country:

¿A dónde va mi pensión?

Which is (or was) your pension administrator?

My selection:

Salario requerido

I live in and my pension administrator is

These are the 10 companies or entities that you financed the most between and 2019:

Ranking


Position/entity


Amount invested in



What invested

Select the companies/entities of your interest and discover the investment that your fund administrator made in them throughout the period -2019. You will be able to see the percentage that each investment represented of the total funds managed by the administrator at the end of each month.

What the administrators invested

Here you can observe the evolution of investments in the same companies/entities but made by the set of administrators. In this case, you will see the % that each investment represented of the total funds managed by said set.

Investigations


Allies