mexico

Mexico: Social program "Bienestar" advances payments for 9 million vulnerable people

Submitted by mmarquez on Wed, 03/17/2021 - 11:07

Government of Mexico (27.02.2021) The advance payment as part of the "Bienestar" (Well-being in English) of the March-April and May-June two-month periods will be delivered to more than nine million elderly people, people with permanent disabilities, as well as girls, boys, children of working mothers, for a global amount of 49 thousand 500 million pesos. In addition, the benefits increased to 2,700 pesos this year.

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mexico
Global challenges
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Cash transfers

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Mexico: Reforms to the Mandatory Account Individual Account Program

Submitted by mmarquez on Thu, 02/25/2021 - 10:34

Social Security Association (25.02.2021) On January 1, Mexico's government implemented reforms to the country's mandatory individual account pension program that include increasing employer contributions, adjusting government contributions, reducing the minimum contributions required for an old-age pension, boosting the guaranteed minimum pension, and capping administrative fees. The government finalized the changes on December 16, 2020, after reaching a reform agreement with Mexico's largest private-sector employer and trade union associations in July 2020.

Regions / Country
mexico
Topics
Old-age pensions
Pensions
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Mexico: Unemployment insurance, a necessary response in Mexico

Submitted by mmarquez on Mon, 02/15/2021 - 14:29

El Economista México (08.12.2020). Granting unemployment insurance to the Mexican population, given the conditions that are experienced by the health and economic crisis of Covid-19, is one of the necessary responses for an economy such as that of our country, said Gerardo Esquivel, deputy governor of the Bank of Mexico (Banxico). As of now, there is no federal unemployment social insurance. Only Mexico City counts with a tax-funded unemployment benefit granted for up to two months.

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mexico
Global challenges

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Mexico: The State of Mexico provides one-time cash benefit to unemployed due to COVID-19

Submitted by mmarquez on Mon, 11/30/2020 - 17:49

politica.expansion.mx (10.07.2020) A one-time cash benefit of 3,000 pesos is intended for people 18 years of age and older who live in the State of Mexico (Edomex) and who during the last four months lost their formal or informal employment, due to the health emergency caused by the COVID-19 pandemic. The cash support will be delivered in two monthly installments, each of 1,500 pesos. Informal workers will need to sign a declaration under oath of saying the truth about having lost their (informal) employment due COVID-19 situation.

Regions / Country
latin america
mexico
Global challenges
Topics
Unemployment
Extension of coverage
Difficult-to-cover groups

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Mexico:The IMSS simplified the process to give social security to domestic workers

Submitted by mmarquez on Wed, 11/25/2020 - 19:11

Infobae (24.11.2020) The Mexican Social Security Institute (IMSS) presented the second phase of the pilot test for the affiliation of Household Workers, through which the payment process carried out by the employer is simplified and automated . This provides continuity and simplifies the operation of the pilot test, benefiting 2.4 million informal workers who carry out paid activities at home .

Regions / Country
mexico
Global challenges
Topics
E-services
Extension of coverage
Difficult-to-cover groups
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