Abstract

MILLAN-VALENZUELA, Henio. Pensions in Mexico: descendent social mobility and intergenerational subjectivity. Universitas [online]. 2021, n.35, pp.207-227. ISSN 1390-8634.  https://doi.org/10.17163/uni.n35.2021.10.

Mexican system of pension, based on “pay-as-you go” (individual capitalization) persists, though its obvious limitations for keeping the well-being pensioners had during their labor life. The objective of this article is to explain the mechanism behind this social descendent and its subjective legitimacy bases. A simple mathematical model is used for estimating the hypothetical pension fund that an average contributor in Mexico would be able to get. The main results are: a) in Mexico retirement brings a substantial economic descent of pensioners; b) frequently such descent drives to poverty falls for those who were not poor during their labor life. And it concludes that a reasonable explanation for the persistence of this pension system can be found in, both, the changes of distributive justice criteria and in the intergenerational subjectivities

Keywords : Mexico; pensions; descendent mobility; intergenerational subjectivity; criteria; distributive justice.

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