Lowering the retirement age will affect finances
03 MIN 30 SEC
Charlene Dominguez
Mexico City (June 19, 2025) - 5:00 a.m.
In 2007, a reform was made to the pension system for bureaucrats, giving them the option to remain in the solidarity-based pay-as-you-go system or switch to the individual pension accounts (Afores) model. New hires were forced into the Afores system. Credit: Hugo Antonio Balcázar Arroyo
Reducing the retirement age for public employees will impact the country's public finances, create a disproportionate retirement system, and pass the cost on to younger generations, according to experts.
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