Miami, FL, April 22, 2016 --(PR.com
)-- In which Hills Invest (www.hillsinvest.com, subsidiary of Atlantic TC Bank) will be managing a retirement fund for each Mexican worker belonging to the union. Founded in 1943, it is one of the largest and most powerful of Mexico, with more than 400 thousand workers.
Although this fund for retirement, is not a social security program nor is it meant to replace pension plans, it is only an important aid for workers seeking to plan their retirement.
Further, once retired, workers may access credit based on the availability of the individual pension fund and may make voluntary contributions to their individual accounts.
The money is invested to generate returns and in turn, increase the total account balance at retirement for the worker.
"We hope to replicate this agreement with other institutions, with other countries in Latin America," said Hills Investments CEO, who came to this city to sign the contract.