Mexico: Support for employers that rehire workers (COVID-19)
Workers’ housing fund is providing support for employers with regard to workers with housing loans and who were unemployed due to coronavirus
Workers’ housing fund is providing support for employers that rehire workers
The workers’ housing fund is providing support for employers with regard to workers with housing loans and who were unemployed during 2020 because of the coronavirus (COVID-19) pandemic.
The Institute of the National Housing Fund for Workers (Instituto del Fondo Nacional de la Vivienda para los Trabajadores—Infonavit) is offering support to employers that rehire workers with housing loans and who were unemployed during 2020. The relief application is to be made no later than 30 June 2021.
If eligible and the requirements are satisfied, an employer can be awarded the equivalent of the amounts paid during six continuous two-month periods, measured from the date of hiring by each of the accredited or eligible workers.
The support requirements include, in part, the following:
- Accredited workers who have lost their employment between 1 March and 30 November 2020
- Workers hired between 1 September 2020 and 30 June 2021 who maintain an employment relationship for at least six continuous two-month periods
- Employers to verify if the hired workers are eligible and to request this support no later than 30 June 2021
Employers may use the support in one or more two-month periods until it is exhausted or until 31 December 2022, whichever is earlier.
Read an April 2021 report (Spanish) prepared by the KPMG member firm in Mexico
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