Business · Economy · 2 hrs ago

Mexico Afore unemployment withdrawals reach a reported 36.2 billion pesos

Mexico Afore unemployment withdrawals reach a reported 36.2 billion pesos

Mexico’s Afore retirement accounts saw more unemployment withdrawals, with a headline figure of 36.2 billion pesos.

The story text says workers withdrew 36.222 billion pesos between January and September, 25.3% more than in the same period of 2025.

It also says 1.6 million workers made withdrawals, up 18% year on year.

Afores are Mexico’s private retirement savings accounts, and people who lose their jobs can withdraw a limited amount from them.

The industry group Amafore said the increase is not a warning sign, pointing to wage rises, higher employer contributions and gains in account values.

In September, Afores recorded 15.525 billion pesos in gains, down 92% in real terms from a year earlier; regulators linked the weaker result to market instability and interest-rate conditions.

The figures differ on whether 36.2 billion pesos refers to September or the first nine months, and no further development is given.

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What people are saying

AmaforeMexican Association of Afores
the increase in the amounts withdrawn is reasonable
via Expansión MX