2024-02-17 13:35:00
One of the most attractive initiatives of Andrés Manuel López Obrador (AMLO), is the increase al pay for the pensioners and retirees from Mexico. Although the president clarified that a bottom “seed” to guarantee that older adults receive a monthly amount right following their retirement, experts warn that this financing will run out quickly and therefore, beneficiaries would tell bye to the increase of the IMSS Pension 2024; and this is what might market with the new reform.
The reform to the IMSS Pension and ISSSTE of 2024which seeks to guarantee new pensioners, an amount equal to their last salary received when they were active, will be the most expensive of the 20 initiatives that President Andrés Manuel López Obrador presented last week, according to analysts. That is why, from the Center for Economic and Budgetary Research, they warn what might market with the increase al pay for retirees, if the fund does not have sufficient resources.
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It is proposed to reverse the reforms of pensionsboth the one approved during the Ernesto Zedillo government in 1997, and the one imposed in 2007 by Felipe Calderón, because they unfairly affect Social Security workers (IMSS) and the ISSSTE, since they prevent them from retiring with 100 percent of their salary.
According to Alejandra Macías, executive director of the Center for Economic and Budgetary Research (CIEP), the pensioners and retirees might tell you bye to the future increase al pay from IMSS Pension 2024since the economic resources of the bottom of pensions, they might only cover this year or the next; and in the best of scenarios, it would be sustainable only during the next six-year term.
What might happen to the fund to increase the payment of the IMSS 2024 Pension?
The initiative sent by AMLO this February 5 to the Congress of the Union, proposes creating a bottom “seed” of 64 thousand 619 million pesos, to compensate the new pensioners due to the reforms carried out in 1997 and 2007. However, the head of the CIEP in an interview with the media “El Financiero”, details that the sources of income that will nourish it are one-time, so when that period ends money, there are many questions regarding what might happen to the pay from IMSS Pension and how it would be financed later.
We do not have fiscal space for any of the proposals that are made. In the initiative of pensions They give us some sources of income, but the problem is that these are one-time.
The Government must tell you bye to is bottom and might disappear during the next six-year term, if measures are not taken to continue providing resources, in order to guarantee the increase al pay for pensioners and retirees IMSS and ISSSTE, which will be capped at 16,700 pesos per month and will correspond to 100 percent of their salary when they were actively working. Macías invites us to review expenses and not only consider how to increase income: “It is not regarding raising tax rates, but rather we must increase the effective rates, which are those that are actually charged to taxpayers.”.
The president also detailed what might market with these bills and announced that he will tell bye to seven autonomous organizations, such as the National Institute of Transparency, Access to Information and Protection of Personal Data (INAI), the Federal Economic Competition Commission (Cofece) and the Energy Regulatory Commission (CRE); with the aim of obtaining more resources to achieve the increase of the bottom from IMSS Pension 2024. In addition, the land of the extensions of the ISSSTEto finance the pensions that contemplates its reform initiative.
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