Abstract

ORDONEZ BARBA, Gerardo  and  RAMIREZ SANCHEZ, Miguel Ángel. Social security in Mexico after two decades of privatization reforms. Balance and perspectives. Espiral (Guadalaj.) [online]. 2018, vol.25, n.73, pp.121-158. ISSN 1665-0565.  https://doi.org/10.32870/espiral.v25i73.6247.

This paper presents an analysis of the situation of social security in Mexico after two decades of the reforms that led to the process of privatization and individualization of pension systems. It makes a balance of the benefits attributed to its implementation, as well of the existing economic and political conditions that move towards the universalization of social welfare in the country. The evidence shows disappointing results: the financial situation of the institutes remains precarious, their coverage is limited, and pensions represent a quarter of the average salary quoted. What worries the most is the insistence on applying the same measures (raise contributions, reduce benefits, and commercialize the operation of the system), offering in exchange universal access to a minimum pension and to an incipient unemployment insurance.

Keywords : Social welfare; universalization; privatization; social security institutes; Mexico.

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