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Pensión universal proporcional. Una propuesta para México


  • Villagómez. F. Alejandro

    (Centro de Investigación y Docencia Económicas)

  • Ramírez, Darío Gabriel

    (Centro de Investigación y Docencia Económicas)


Contributory pension system coverage has been historically low. High mobility between formal and informal sector results in low contribution density which does not guarantee a minimum pension. The state has created cash transfer programs, which can disincentive formality. This paper proposes a proportional pension for formal employees, which replaces the fixed cash transfer, following the experience of Chile (2008). We follow the Valdés-Prieto approach (2008), which minimizes labor-market distortions. Under the assumption of linear income trajectory, we show that the total value of pensions can increase in 45.6% on average, and fiscal savings in 14.8% when compared to a non-contributory pension programas “65 y más”.// La cobertura de pensiones contributivas en México es baja, y la alta movilidad entre el mercado laboral formal e informal conduce a bajas densidades de cotización que no garantizan acceder a una pensión mínima. El Estado ha creado programas de transferencias, pero cuyo diseño puede desincentivar la formalidad. Este trabajo propone una pensión proporcional y condicionada a la participación en empleos formales reemplazando las transferencias de monto fijo de estos programas, siguiendo la experiencia reciente en Chile. Utilizamos el diseño propuesto por Valdés-Prieto (2008), el cual minimiza las distorsiones en el mercado laboral. Bajo el supuesto de trayectoria lineal de ingresos, nuestra estimación arroja incrementos promedio en el valor total de las pensiones de 45.6% y un ahorro fiscal de 14.8% con respecto a otorgar la transferencia no contributiva como el programa “65 y más”.

Suggested Citation

  • Villagómez. F. Alejandro & Ramírez, Darío Gabriel, 2014. "Pensión universal proporcional. Una propuesta para México," El Trimestre Económico, Fondo de Cultura Económica, vol. 0(324), pages .839-874, octubre-d.
  • Handle: RePEc:elt:journl:v:81:y:2014:i:324:p:839-874 DOI:

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    References listed on IDEAS

    1. Ivana Komunjer, 2007. "Asymmetric power distribution: Theory and applications to risk measurement," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 22(5), pages 891-921.
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    Blog mentions

    As found by, the blog aggregator for Economics research:
    1. Bibliografía Sobre el Sistema de Pensiones en México y Ahorro para el Retiro
      by Alejandro Villagomez in Tintero Económico Diario on 2015-11-07 06:19:00

    More about this item


    pensiones no contributivas; sistema de ahorro para el retiro; seguridad social; pensiones alternativas; programas asistenciales para adultos mayores.;

    JEL classification:

    • H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
    • H53 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Welfare Programs
    • I38 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Government Programs; Provision and Effects of Welfare Programs


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