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How much does Mexico pay for retirement? Unpacking the pension and welfare systems

In 2024, Mexico’s government established the Welfare Pension Fund (FPB) to provide a supplement to retirees under the modern AFORE system, ensuring a total monthly payout of up to MXN 16,777.68, or 100% of their last salary. The answer to **how much does Mexico pay for retirement** depends on which system a person is covered by and their individual contribution history.