Overview
- Workers withdrew about 3.41 billion pesos from retirement accounts in January, a record for that month, with 162,250 people using the unemployment option.
- Afores posted investment gains of 158,471 million pesos in January, extending a nine‑month streak, though returns were 7.82% below January 2025 and are expected to moderate this year.
- Amafore attributes the higher withdrawn amounts mainly to larger account balances and rising wages rather than a surge in unemployment, consistent with rules that cap withdrawals by salary and savings.
- Regulator Consar reiterated warnings about unauthorized intermediaries who charge workers and can engineer larger withdrawals, with cases involving fees near 10,000 pesos for roughly 35,000‑peso payouts.
- By provider, Coppel saw the largest January withdrawals, followed by Azteca and Banamex, while Amafore notes the sums are small relative to SAR assets exceeding 8.5 trillion pesos.