Jul 4, 10:24 AM

IMSS Warns of Financial Shortfall by 2037 Needing 107 Billion Pesos Amid Chronic Diseases; Modalidad 40 Pension Offers Up to 40,000 Pesos Monthly

The Mexican Social Security Institute (IMSS) has acknowledged a challenging financial outlook in its 2024-2025 report, citing increased prevalence of chronic diseases such as diabetes, hypertension, and renal insufficiency as contributing factors. The IMSS warns that it will have sufficient resources only until 2036. Beyond that year, the institute will require an additional 107 billion pesos to maintain operations in 2037. Separately, the IMSS's Modalidad 40 pension scheme allows individuals to regularize contribution weeks and potentially receive monthly pensions of up to 40,000 pesos. However, this scheme does not guarantee a dignified pension automatically. Additionally, pensioners receiving disability benefits from the IMSS lose eligibility for retirement or old-age pensions. The IMSS also has the authority to withdraw pension funds from individuals over 70 years old who have not requested their pension benefits.

#Mexican Social Security Institute #IMSS #Modalidad

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