IDEAS home Printed from https://ideas.repec.org/a/elt/journl/v81y2014i324p839-874.html
   My bibliography  Save this article

Pensión universal proporcional. Una propuesta para México

Author

Listed:
  • Villagómez. F. Alejandro

    (Centro de Investigación y Docencia Económicas)

  • Ramírez, Darío Gabriel

    (Centro de Investigación y Docencia Económicas)

Abstract

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: http://dx.doi.org/10.20430/ete.v81i324.132
    as

    Download full text from publisher

    File URL: http://www.eltrimestreeconomico.com.mx/index.php/te/article/view/132/132
    Download Restriction: no

    Citations

    Blog mentions

    As found by EconAcademics.org, 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

    Keywords

    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

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:elt:journl:v:81:y:2014:i:324:p:839-874. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Enrique Popoca). General contact details of provider: http://www.fondodeculturaeconomica.com/ .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.