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Modalidad 40
Trends
- 1
Mexico's social security institute IMSS is at the center of a controversy over new restrictions on Modalidad 40, the scheme that allows workers to make additional contributions to boost their pension. Reports by El Financiero highlight concerns that the changes will reduce retirement benefits for many contributors. Workers planning their pensions are closely watching for further policy updates.
- 2
Reports from Mexico indicate another threat to Modalidad 40, the IMSS scheme that lets workers pay higher contributions in their final years to boost pension amounts. Commentators are covering renewed warnings that the program could be restricted or eliminated, a recurring concern among workers planning higher pensions through the system.