Investment period 

Both the employee and the company must contribute to the savings fund. Both contributions are invested during a certain annual period, named Investment period.

Legally it is possible to terminate contributions to the savings fund at any time during the investment period, although it is not common, as the employee receives twice that of his/her contribution (company contribution) plus interest.

The investment period does not necessarily begin in January and end in December. Thus, the administration of the contribution cumulations will directly depend on the start and end of the investment period.

The most common investment periods in Mexico are:

From January to December.

From June to May next year

From August to July next year

From September to August next year

Any company can define different investment periods from the previous periods. However, the investment period defined by Mexico by default is from September to August next year.

If the same company has different investment periods at the same time, you need to maintain the subsequent tables:

Cumulations that must be maintained during the investment period

  1. The savings fund contribution by the employee (BE30)

  2. The savings fund contribution by the employee (BR30)

  3. The interest generated from the total previous contributions (MF20)

  4. The withdrawals made by the employee (MF10)

In order for the previously mentioned wage types to be cumulated, you need to maintain the processing class 30 with the performance value ‘T’.

It is the responsibility of the user NOT to modify the specific wage types in the table for the Administration of the savings fund investment period (T7MX50), during the investment period in order to keep the cumulates constant.