Biblioteca Digital de VanguardiaPensions in Mexico: descendent social mobility and intergenerational subjectivity
Mexican system of pension, based on “pay-as-you go” (individual capitalization) persists, though its obvious limitations for keeping the well-being pensioners had during their labor life. The objective of this article is to explain the mechanism behind this social descendent and its subjective legit...
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| Formato: | Revistas |
| Lenguaje: | Español Inglés |
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Universidad Politécnica Salesiana (Ecuador)
2021
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| Acceso en línea: | https://universitas.ups.edu.ec/index.php/universitas/article/view/35.2021.10 |
| Sumario: | Mexican system of pension, based on “pay-as-you go” (individual capitalization) persists, though its obvious limitations for keeping the well-being pensioners had during their labor life. The objective of this article is to explain the mechanism behind this social descendent and its subjective legitimacy bases. A simple mathematical model is used for estimating the hypothetical pension fund that an average contributor in Mexico would be able to get. The main results are: a) in Mexico retirement brings a substantial economic descent of pensioners; b) frequently such descent drives to poverty falls for those who were not poor during their labor life. And it concludes that a reasonable explanation for the persistence of this pension system can be found in, both, the changes of distributive justice criteria and in the interge-nerational subjectivities |
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