Social security, pensions and old age adults’ poverty in Mexico

Abstract

After discussing the role of pension systems in capitalism as instruments of redistribution of income between capital and labor and, therefore, of the class struggle, it is recounted how, in a context of a fragmented and inconclusive Welfare State, pension systems emerged in Mexico, and recent reforms to pension systems are analyzed, showing their impact in the reduction of benefits. Lastly, the poverty of the population of retirement age is analyzed in relation to their access to contributory and non-contributory pensions.