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Fund E records 39,388 net outflows between January and August, according to MMDV
While the most conservative fund loses members amid its declines in 2026, Fund A records 82,097 net inflows and is the only fund growing.
Quiroz had warned since 2021 that AFP pension fund E offered an "illusion of security"
Before becoming a minister, Jorge Quiroz proposed creating a short-term fund F to protect pension contributors from interest rate risk.
Paulina Núñez backs creating a Fund F after AFP pension funds' Fund E declines
The senator backed Minister Quiroz's proposal and called for AFP executives and the former regulator to be held accountable if their responsibility is established.

Minister Rau urges delaying retirement after AFP Fund E losses
The government is awaiting an investigation by the Superintendencia de Pensiones to learn whether there will be sanctions or restitution for the losses in the funds.

Fund E's 10.4% decline could lower pensions as Socialist Party seeks to curb fees
Claudia Sanhueza warns that recovering the losses would require returns above 11%, while Socialist Party deputies propose penalizing pension fund administrators in loss-making years.
AFP Capital manager defends fund E strategy after drop of more than 10%
Renzo Vercelli says AFP Capital acted within the rules and should only have pushed harder to create a fund F for short-term debt.
Drop in Fund E stalls changes to auction of existing AFP pension fund members
Ruling coalition deputies see no basis for changing the auction of pension fund members, while the industry questions whether AFP pension fund managers will buy the new housing fund’s debt.
Guzmán calls for penalties against those responsible for AFP Fund E plunge
Government supporters and opposition members demand that the Superintendency of Pensions investigate losses in the system's most conservative funds.
Pension Fund Administrators Association estimates Fund E decline would cut pensions by between 1% and 2%
The pension fund administrators' trade association said any errors in Fund E management should be investigated and penalized, and recommended seeking advice before retiring.
Between 11,000 and 14,000 pension fund members in Ñuble exposed to AFP Fund E's decline
The AFPs' most conservative fund lost 10.39% in real terms between January and September, affecting people nearing retirement in Ñuble.
Former pension fund executive on Fund E: "Greed won out over responsibility"
Pension fund managers face disciplinary proceedings, criminal complaints and a united Congress after US$7,700 million in paper losses in the most conservative fund.
Fund E falls 10.4% as Socialist Party proposes banning pension fund manager fees in years with losses
Recovering the losses would require returns above 11%, twice the historical average, warns former Undersecretary of Finance Claudia Sanhueza.
Fondo E losses reopen the debate over whether the AFPs should exist
Ten years after the No+AFP marches, Chile's pension fund managers face a new crisis of confidence over poor results in their most conservative fund.
Fund E losses: executives at all seven pension fund administrators could face personal financial liability
The Superintendency of Pensions' investigation into Fund E could lead to financial penalties for senior executives at pension fund administrators.
Fund E decline reignites opposition debate over ending AFPs
Communist Deputy Luis Cuello proposes rethinking or eliminating the system, while the governing coalition defends it and the Superintendency considers sanctions.

Government says it prevented a bigger loss in Fund E and blames the Boric administration
Quiroz, Mas and Rau defended the limits on swaps set in March and backed the sanctions proceedings against the seven pension fund administrators.
Senate to call special session over AFP Fund E losses
Government and opposition lawmakers sought explanations for the 10.4% decline in the most conservative fund, linked to pension fund managers’ derivatives contracts.
AFPs defend Fund E strategy after 10.39% real drop in nine months
The industry association blames rising interest rates in the United States and says pensions fall far less than balances, while the Superintendencia investigates.
Pension fund administrators face Fund E losses without allies and deny making mistakes
Former officials accuse them of imprudent interest rate swap bets, while the pension industry association maintains they acted within the law.
Proceedings against all seven AFPs over Fund E losses could last nine months
Investigator Mario Valderrama will review board minutes and executive incentives, while members are already turning to the courts with little success.