If you are an active worker affiliated with the Mexican Institute of Social Security (IMSS) or the Institute for Security and Social Services for Government Employees (ISSSTE) and you are close to retirement, it is important that you know What is the minimum amount you should receive when you retireso in this note we will give you information on this topic that can be very useful.
To begin with, it is important to keep in mind that pensions are adjusted annually depending on the value of the unit on which they are based, it can be minimal salary, Unit of measure and update (UMA) and in some cases ISSSTE are based on salary corresponding to the position they held at the time of retirementso you have to define the mode that suits you to know what is the guaranteed minimum pension which corresponds to or, otherwise, the increase to be made.
What is the IMSS Guaranteed Minimum Pension?
In the case of branches of the Mexican Institute of Social Security (IMSS) the guaranteed minimum pension is 5,186.10 pesos, however, this only applies to pensioners or pensioners in accordance with Social Security Act 1973 Well, these pensions are based on the minimum wage, which has increased by 22% by 2022, which is 171.87 pesos a day.
It is important to note that the adjustment made to the UMA for 2022 will not affect any of the IMSS pensions.however, only those who make voluntary contributions to the mandatory regime will be affected in accordance with Mode 40 and who want to upgrade their UMA 2022 contributions, which will also reflect the 7.36% increase they must keep.
The amount of the ISSSE pension for 2022
For pensioners and pensioners of the Institute for Social Security and Services for Civil Servants (ISSSTE), the 22% increase in the minimum wage by 2022 will only affect those employees who retired between January 5, 1993 and December 31, 2020. December 2001 d., starting from the minimum amount that pensioners or pensioners receive monthly is determined in accordance with the minimum wage, which means that the minimum amount they must receive is 5,186.10 pesos.
It should be noted that pensions issued by the ISSSE before January 5, 1993 are regulated on the basis of adjustments to the places they held at the time of retirement and these figures can be consulted in the Guidance that governs the perception of INEGI civil servants for the 2022 financial year.
On the other hand, ISSSE pensioners who have gone through the process after 2003 will have their pension adjusted for this year 2022, as this group of pensioners is defined in UMA (Medical Department and Renewal Department), which has just been increased by 7.36% due to inflation recorded in 2021. With this in mind and as an example, if you were receiving a pension of 10,000 pesos before February 2021, you will receive a total of 10,736 pesos per month with this new upgrade.
Do you have questions about the payment of a pension?
In case of doubts about the operation of the program, the Mexican Institute of Social Security (IMSS) provided 800 623 2323where it is necessary to choose option 3, where the employees of the Institute will answer all the questions of pensioners.
In the case of the Institute for Security and Social Services for Civil Servants (ISSSTE), the number 55 5062 0555 or email addresses [email protected] and [email protected].
Source: Heraldo De Mexico
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