Costs of Extending the Noncontributory Pension Program for Elderly : The Mexican Case
Author(s): Aguila, E., Mejia, N., Perez-Arce, F., Ramirez, E., & Rivera, A.
Published in: Journal Aging & Social Policy, 1-19
Publication year: 2016.
Related Bedrosian Faculty:
Population aging coupled with high poverty rates among older persons and a lack of access to social-security benefits or traditional support systems have led governments in low and middle-income countries to introduce non-contributory pension programs for the elderly. This article reviews a non-contributory pension program introduced in Mexico in 2007 that has since expanded greatly. We use a variety of sources to estimate current and future costs of this program.