Afore withdrawal

The Pension System in Mexico: AFORE and Withdrawal Process for Foreign Workers.

The pension system in Mexico operates through individual accounts managed by private pension funds known as AFORE.

Foreign workers employed in Mexico on a full-time basis (through the Nómina payroll system) contribute a portion of their earnings to the AFORE, which is managed by the private pension fund.

According to Mexican law, foreign workers who have contributed to an AFORE during their employment in Mexico are entitled to withdraw the full balance of their AFORE account once their employment in Mexico terminates.