Record 2025 Afore Unemployment Withdrawals Reach 39.1 Billion Pesos
Industry leaders say the effect stays under 0.5% of assets due to larger balances.
Overview
- Workers withdrew 39,119 million pesos in 2025 for unemployment, up 26% from 2024, according to Consar.
- Over 2020–2025, cumulative unemployment withdrawals totaled 162,320 million pesos, official data show.
- In 2025 there were about 1.94 million withdrawal operations, below the 2021 peak, with only 2%–3% of accounts using this benefit each year.
- Amafore attributes higher pesos withdrawn to growth in account balances and wages, and rules cap payouts at the lesser of three months’ last IMSS salary or 11.5% of savings.
- Amafore notes unauthorized intermediaries have inflated reported salaries, a marginal distortion targeted by a legislative proposal, and experts warn withdrawals reduce future savings and contribution weeks unless redeposited after reemployment.