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Mexico's Pension Fund Reform Stirs Controversy
By Mariana Allende - Thu, 04/11/2024 - 15:06
“At 70 years old, irrespective of one's employment status or contribution history, the funds are redirected,” AMAFORE explains.
https://mexicobusiness.news/tag/retirement-savings
More Finance & Fintech
Afore Unemployment Withdrawals on the Rise: The Week in Finance
By Tomás Lujambio - Thu, 07/20/2023 - 10:00
Afore withdrawals to cope with unemployment reached MX$2.15 billion (US$128.7 million) in June 2023. This and more in the weekly roundup.
Unemployment Withdrawals From Afores on the Rise: CONSAR
By Tomás Lujambio - Mon, 07/17/2023 - 15:42
Unemployment withdrawals from Mexican Afores reached MX$2.15 billion (US$128.7 million) during June 2023.
MORENA Proposes Emergency Withdrawal From Afores to Bear Crisis
By MBN Staff - Thu, 06/04/2020 - 14:17
MORENA proposed that Mexicans who lose their jobs should be able to access their retirement savings. However, the IDB warned about this solution