Pensión por Cesantía en Edad Avanzada: Who Qualifies and What You Get
Learn how to qualify for monthly pension payments in Mexico based on your age and work history under the IMSS laws.
This scheme provides monthly retirement payments to workers in Mexico who have reached a certain age and have contributed to the social security system.
Who it's for
This is for workers covered under the 1973 or 1997 IMSS laws who have reached the age of 60 or 65.
What you get
You receive monthly pension payments. The specific amount you receive depends on your salary and the total number of weeks you have contributed to the system.
What it costs you
While there is no direct fee to apply, you must have met the minimum number of contribution weeks required by the specific law you fall under.
The catch to know
The benefits are not equal for everyone; the 1973 law is significantly more generous than the 1997 law.
How to apply
- Confirm which IMSS law (1973 or 1997) applies to your work history.
- Verify that you have reached the required age and have the necessary contribution weeks.
- Gather your official documentation regarding your work history and salary.
- Contact the social security institute to begin the formal process.