Friday, September 29, 2023

Social pension: what would be the new age for receiving the payment?

Millions of people People over 65 years old in the country were supported with welfare pension support, through which they receive financial support from social welfare every two months Government of Mexico This is with the aim of contributing to improving their quality of life.

The welfare pension program in Mexico, promoted under the administration of the Mexican President Andres Manuel Lopez Obrador offers financial support to older people in precarious circumstances.

Currently, a minimum age of 65 is required to receive a social pension. A proposal is proposed that aims to modify this criterion, with the aim of extending access to this financial assistance of 4,800 pesos to a larger number of older adults.

What would be the new age for receiving payment?

The Institutional Revolutionary Party (AT) has presented a reform initiative in the Chamber of Deputies with the aim of lowering the minimum age for eligibility for social pensions, which, if this proposal is adopted, will be the required age would be shortened from 65 to 60 years.

The coordinator of PRI Bank mentioned the age reduction “From a budget perspective, it’s doable.” although it depends on the National Regeneration Movement party (Morena) is ready to allocate the funds currently used in the operating costs of the Fourth Transformation Defense Committees for the benefit of the elderly.

Nation World News Desk
Nation World News Desk
Nation World News is the fastest emerging news website covering all the latest news, world’s top stories, science news entertainment sports cricket’s latest discoveries, new technology gadgets, politics news, and more.
Latest news
Related news