old age pensions in Mexico

I have just completed a short essay that summarizes my work on social pensions in Mexico. Regular readers of Thought du Jour will find nothing new here, but you might want to read a concise summary.

In 2000, 22% of Mexico’s seniors (age 65 and older) received income from a pension. Thirteen years later, 88% had pensions. Nearly all this remarkable increase in coverage was due to social pensions: non-contributory benefits, unrelated to employment records.

This paper chronicles the rise of social pensions in Mexico. First it summarizes the pension system prior to introduction of social pensions. Next it describes how Mexico City, the federal government, and seventeen of Mexico’s 31 states initiated social pensions, a policy supported eventually by each of the three major political parties. It concludes with thoughts on what remains to be done.

Larry Willmore, “Old age pensions in Mexico: Toward Universal Coverage”, January 2014 (13 pages).

Update: This paper is now posted at Social Science Research Network (SSRN): http://ssrn.com/abstract=2383768

 

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