Pension system in Mexico. A bubble about to burst

Abstract

The last three decades have been characterized by neoliberal hegemony and the deepening of the process of financial globalization, causing instability and deep financial and productive crises that influence the increase in unemployment, inequality, informality and job insecurity. At the same time, the continuous structural reforms have impacted the pension system, which should guarantee stability to the workers at the end of their working life, however, measures have been taken that cause the weakening and uncertainty in the system and In the short term, its collapse can be presented, reflecting its failure to guarantee a dignified withdrawal to the working class. In particular, the objective of this collaboration is to explain the asymmetries in the pension system in Mexico, characterized by being insufficient and differentiated, and which has generated profits for resource operators, but without positive impact on workers' savings.