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Brunette ‘Amarra’ Las Aphores: Deputies Approve Reform to Regulate Retirements by Unemployment

Summary by El Financiero
With 476 votes in favour and none against, the Chamber of Deputies approved the amendment to the Social Security Law that will regulate the withdrawals for unemployment of the aphores.After the discussion in the Lower House on Monday, June 23, the majority of legislators agreed to approve this initiative; however, from the opposition they said that they will maintain the vigilance so that it is fulfilled and that the government does not take the…

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Between December 2019 and May 2025, there have been 10 million 119,701 withdrawals from retirement fund managers (Afore) for unemployment, revealing official data. Which means that in five and a half years more than 10 million people have reduced their pension resources after being out of work.

·Mexico
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With 476 votes in favour and none against, the Chamber of Deputies approved the amendment to the Social Security Law that will regulate the withdrawals for unemployment of the aphores.After the discussion in the Lower House on Monday, June 23, the majority of legislators agreed to approve this initiative; however, from the opposition they said that they will maintain the vigilance so that it is fulfilled and that the government does not take the…

·Mexico
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Mexico City, Mexico.- The Chamber of Deputies approved a reform of the Social Security Law that amends the rules for unemployment withdrawals from the Afores, with the aim of closing legal loopholes that allowed frauds and protecting workers’ savings. The decree has already been passed to the Senate for discussion and eventual entry into force. Deputies approve reform of the Social Security Law to prevent frauds in unemployment withdrawals from …

The Chamber of Deputies approved a reform amending the Social Security Act to place stricter limits and controls on AFORE withdrawals, specifically in partial withdrawals due to unemployment. This new AFORE law seeks to protect workers’ savings and prevent fraud committed by managers or intermediaries who, taking advantage of legal loopholes, took part of the money or inflated the amounts to be withdrawn. The reform was unanimously endorsed, wit…

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It was expected that in the last legislature of the Congress of the Republic, the Economics Commission did not come to debate or pass the bills related to a new withdrawal of AFP funds. Although it was not intended to approve just one withdrawal, the various bills were also being analyzed to adopt the opinion that is in accordance with the rule of the reform of the pension system.

How is it that the withdrawal for unemployment in the AFORES will have locks? Yes, the Chamber of Deputies approved a reform initiative to avoid withdrawals manipulated by this concept. And while in the Senate they resolve whether they give the green light to this initiative or not, here we tell them what it is about. Photo: Moisés Pablo-Quartoscuro. Padlocks to the withdrawal for unemployment in the AFORES: the reform Ok, this initiative was pr…

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Proceso broke the news in Mexico on Monday, June 23, 2025.
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