Country fact sheet

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Mexico

  • Basic country data

  • Population over 60 in 2010:
  • 12,146,114 (10%)
  • Poverty rate of total population:
  • 4%
  • Income of country:
  • Upper middle income
  • Social pension?
  • Yes
  • Scheme information

  • Scheme information: Pensión para Adultos Mayores
  • Year introduced:
  • 2001 (regional) 2007 (70 y mas) 2013 (extended to 65)
  • Monthly pension benefit:
  • 580 Pesos (35 US$)
  • 4.66 % of average income
  • 124 % of international poverty line
  • Age of eligiblity:
  • 65.0
  • Targeting:
  • Pensions-tested
  • % of population over 60 covered:
  • 42%
  • Total cost:
  • 0.20% of GDP

65 y mas

In late 2012 it was announced that a new pension, 65 y mas, would replace the 70 y mas programme in 2013. 65 y mas will provide a monthly benefit of 525 pesos (US$43) a month and aims to cover all older people without a pension. Enrollment has now begun and payments are expected to begin in the second half of the year to 5.6 million people. This is a significant expansion of the 70 y mas programme, reaching an additional 2.5 million people.

Universal Pension in Chiapas state

Chiapas state, in the south of Mexico, has provided a universal social pension for its residents since 2007. The programme, called Amanecer, provides 550 pesos (US$41) a month to 238,000 older people living in the state. Read more about the programme at Larry Willmore's Thought du Jour blog.

Means-tested Pension in Colima State

Colima State, in the west of Mexico, has provided a means-tested pension since 2005. In 2012 the programme reached 3474 older people and provided a transfer level of 1,772 pesos (US$135) a year. Read more about the pension at Larry Willmore's Thought du Jour blog.

Watch Don Eleno Flores, in a video made by the Government of Mexico, talk about what 70 y mas means to him (Spanish only).

Social Protection for Older People in Mexico

The following presentation, in Spanish, was made at an international seminar hosted by the International Labour Organisation and HelpAge International in May 2012 on "Social Security Systems in Latin America: Challenges for the Extension of Social Protection Coverage in the Andean Region". The presentation by Ramiro Ornelas, Mexico's representative at the seminar, describes social protection for older people in Mexico.

Resources on the pension in Mexico

Pension calculator

Calculate the cost of a universal social pension in Mexico.

Visit the Pension Calculator

Notes