IMSS Voluntary Insurance (Modalidad 40): Who Qualifies and What You Get
Learn how to maintain your social security benefits and increase your pension credits in Mexico through the Modalidad 40 voluntary scheme.
This scheme allows individuals to continue making social security contributions even after they have stopped working for an employer.
Who it's for
This scheme is designed for individuals who have left their formal employment but wish to remain part of the social security system. If you have stopped working for an employer and are no longer receiving contributions through a company, this voluntary option allows you to keep your standing within the system.
What you get
By choosing to participate, you gain two primary benefits. First, you can continue to accumulate pension credits, which are essential for your future retirement. Second, you maintain your health coverage, ensuring you have access to medical services through the social security system.
What it costs you
This is not a free service. You are required to pay a monthly premium to keep your coverage active. The specific amount you must pay is not fixed for everyone; instead, it is calculated based on the salary bracket you select for your contributions.
The catch to know
The main consideration for this scheme is the cost of the monthly premium. Because the payment is based on your salary bracket, your personal financial planning is necessary to ensure you can maintain the contributions required to reach your retirement goals.
How to apply
- Confirm that you have stopped working for an employer and wish to continue contributing.
- Determine the salary bracket that best fits your financial situation and retirement goals.
- Prepare to pay the monthly premium required for your chosen bracket.
- Access the official portal or visit an office to finalize your enrollment.