MEXICO CITY.— The Unemployment withdrawals from Afores registered in the first half of 2024 the highest withdrawal amount on record in Mexico, while the Employees’ account returns point to their best monthsays Consar.
The most recent report from the organization indicated that unemployment withdrawals in the first six months of the year amounted to 14,914 million pesos, 19.7% more in real terms in its annual comparison, when it reached 11,902 million pesos.
In June alone, withdrawals for this reason amounted to 2.559 million pesos, an increase of 13.15% in real terms compared to the sixth month of 2023.
Workers can withdraw, every four years, the amount of their individual accounts in the Afores due to being unemployedalthough this action harms the total savings amount for your pension in the future.
This indicator is given after the Mexican Social Security Institute (IMSS) will record in the first half of 2024 the lowest job creation in four years for the same period, with the creation of only 295,058 formal jobs.
By retirement fund manager, Afore Coppel was the one that registered the highest number of unemployment withdrawals, with 2.862 billion pesos, followed by Citibanamex, with 2.541 billion pesos.
The Consar He also announced that the returns generated by the individual accounts of formal Mexican workers registered their best month so far this year in June.
In June, the agency recorded capital gains of more than 101,624 million pesos, the best result in the first half of the year, when the Afores have accumulated returns of more than 152,616 million pesos.
So far this year, The Afores registered losses only in April, and the accumulated amount in the first six months is also 26% lower than January-June 2023.
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2024-07-25 20:07:21